Executive Summary
India’s physically backed gold exchange-traded funds (ETFs) recorded their first net monthly outflow in a year in May, as investors booked profits following a sharp rise in prices triggered by higher import duties, data showed on Thursday. The outflow could reduce import demand in the world’s second-largest gold consumer, helping narrow the trade deficit and support the rupee, one of Asia’s worst-performing currencies. Gold ETFs registered net outflows of $61 million, equivalent to 0.4 metric tonnes, in May, reducing total holdings to 116.3 tonnes, data from the World Gold Council showed. Desp
Source Coverage
| Source | Headline | Published At |
|---|---|---|
| TheHindu-C | India gold ETFs see first monthly outflow in a year as investors book profits | 2026-06-04 00:00:00+00:00 |
| TheHindu-C | Gold ETF investors exits highest last week for this year; outflows continue for 4th week in a row | 2026-06-08 00:00:00+00:00 |
Timeline
- 2026-06-04 00:00:00+00:00: India gold ETFs see first monthly outflow in a year as investors book profits (via TheHindu-C)
- 2026-06-08 00:00:00+00:00: Gold ETF investors exits highest last week for this year; outflows continue for 4th week in a row (via TheHindu-C)
