“There has been a growing interest among investors in gold ETFs, which is reflected in the steady growth in volumes. The traction is even more around days like Akshaya Tritiya and Dhanteras. We have been trying to create more awareness on the advantages of the product by continuously engaging with investors and market intermediaries,” Ravi Varanasi, head of Business Excellence at NSE, said in the Economic Times article.
“The demand for ETFs is quite high due to growing awareness. A lot of new investors are waiting to invest in ETFs which will push the overall growth ,” Nitin Rakesh, MD & CEO of Motilal Oswal Asset Management Company, said.
SPDR Gold Shares
For more information on gold, visit our gold category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD.