Inflows into gold ETFs touch record high
India’s equity investors are flocking to gold exchange-traded funds (ETFs) as a hedge against stock market volatility amid global headwinds. Gold ETFs saw record monthly net inflows of 11,646.74 crore in December, surpassing inflows into flexi-cap funds, which received 10,019.27 crore, showed data from the Association of Mutual Funds in India (Amfi). Flexi-cap funds are…