Gold Exchange-Traded Funds
Gold exchange-traded funds (ETFs) attracted Rs 1,028 crore in August, 2023, making it the highest inflow in 16 months, amid continued hikes in interest rates in the US, which led to a slowing down in growth rate there.
About Gold ETF
- A Gold ETF is an exchange-traded fund (ETF) that aims to track the domestic physical gold price. They are passive investment instruments that are based on gold prices and invest in gold bullion.
- Gold ETFs are units representing physical gold which may be in paper or dematerialised form.
- One Gold ETF unit is equal to 1 gram of gold and ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Undercapitalization of Indian Debt Market
- 2 Mutual Credit Guarantee Scheme for MSMEs
- 3 National Critical Minerals Mission
- 4 Diamond Imprest Authorization Scheme
- 5 Team Initiative:Boosting Digital Commerce for MSMEs
- 6 Extra-long Staple Cotton
- 7 National Manufacturing Mission
- 8 Financialisation of the Economy
- 9 Bharat Cleantech Manufacturing Platform
- 10 Logistics Ease Across Different States (LEADS) 2024 Report