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Bloomberg Quint
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Gold ETFs Record First Monthly Outflow In A Year
- Gold ETFs recorded a net outflow of Rs 77 crore in March, compared to a net inflow of Rs 1,980 crore in February.
- This marks the first monthly outflow of funds from gold ETFs since April 2024.
- The pullback ends a 10-month streak of net inflows into gold ETFs.
- Gold ETFs are passive investment instruments that track the price of gold and provide a tax-efficient way of investing in the precious metal.
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