A 900% Gold ETF Surge in This Country- Coincidence?

Gold and silver have both become the ultimate safe haven assets as demand for both continues to rise high. Every country is looking forward to scooping up gold, busy building a reservoir against volatile macroeconomic policies. But this one country’s gold ETFs have hit a record 900% high. What does this development signal?

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This Country Is Moving Billions Into Gold

As per the latest post by the Kobeissi letter, gold is now a central asset for Indians, as they continue to prefer gold over equities. Indian investors have been rapidly exploring gold, with gold ETF inflows in India peaking by nearly 250 billion rupees. These inflows have now surpassed that of equities, making gold shinier than every other asset.

Moreover, gold ETF inflows have risen by 900% in India since July, making it the hottest market trend to explore as of late.

“Indian investors are rushing into gold at an unprecedented pace. Gold ETF inflows in India are up to ~250 billion rupees, an all-time high. As a result, inflows into gold funds have surpassed equity mutual fund inflows for the first time. This comes as gold ETF inflows have risen more than +900% since July. Over the same period, equity fund inflows have declined by 170 billion rupees. As the world’s 2nd-largest gold consumer and one of its biggest importers, India’s shift toward gold ETFs marks a fundamental change in how its investors are allocating their capital. Indian retail investors are choosing gold over equities.”

Gold Essential For One’s Portfolio: Ray Dalio

Amid the rising gold surge, Ray Dalio, former CEO of Bridgewater Associates, has shared another opinion, adding how gold is significant for one portfolio. Dalio, in one of his X posts, outlines gold’s strategic role as an inflation hedge, giving it a responsible market role.

“We need to talk about money—what it is, how it works, and what its value is. When it comes to gold, some people view it as a commodity to speculate on. But it’s so much more than that. It’s the second-largest reserve currency in the world. And it’s an important hedge against risks to fiat currencies.”

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