Commodities Buzz: Domestic Gold ETFs Witness Outflow Of Rs 267 Crore In Q4FY18

The gold exchange traded funds witnessed outflow of Rs 267 crore in the first three months (January-March) of 2018. However, the quantum of outflows has come down from Rs 110 crore in January to Rs 62 crore in March. According to data from Association of Mutual Funds in India (AMFI), investors pulled out Rs 110 crore in January and Rs 94 crore in February. The total outflows from gold ETFs have reached Rs 835 crore in the financial year 2017-2018.