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Investors Pull Out Rs 845 Crore from Gold ETF in 2015

Investors Pull Out Rs 845 Crore from Gold ETF in 2015
New Delhi: Investors continued to pull out money from gold exchange-traded funds (ETFs) in 2015 and withdrew Rs 845 crore, making it the third consecutive yearly outflow from such products. However, the pace of outflow slowed in 2015 compared with the preceding two years on account of sluggish equity market trends, said experts. The gold ETFs saw a net outflow of Rs 845 crore in January November of this year, down from an outflow o...
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