🇮🇳 The World Gold Council on November 7, gold exchange-traded funds (ETFs) in India are experiencing a record influx of capital, with nearly 3 billion dollars in purchases this year, amounting to approximately 26 tons of gold. To date, investments for 2025 are almost equivalent to the total value of purchases made between 2020 and 2024. This wave of enthusiasm is driven by last month's historic high gold prices, as well as increased purchases by central banks, geopolitical and economic concerns, and the accommodative monetary policy of the Federal Reserve, which has pushed gold prices up by over 50% this year. Data shows that gold ETFs in India recorded an inflow of 850 million dollars in October, slightly lower than the 942 million dollars from the previous month. The total capitalization stands at 11 billion dollars, with a total gold holding of 83.5 tons.
