{
  "id": 18135225,
  "title": "Gold ETFs attract ₹3,300 crore in Oct as investors go on a buying spree ahead of Diwali",
  "url": "https://urgent.news/2026/11/04/gold-etfs-attract-3-300-crore-in-oct-as-investors-go-on-a-buying",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T14:54:10.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/gold-etfs-attract-3300-crore-in-oct-as-investors-go-on-a-buying-spree-ahead-of-diwali/article71665451.ece"
  },
  "original_language": "en",
  "account": null,
  "summary": "Gold ETFs experienced a significant influx of ₹3,300 crore in net investments during October, driven by investors taking advantage of the 12% decline in gold prices over the past six months. This surge in buying activity, particularly ahead of the Diwali festival, led to a steady increase in assets under management (AUM) for gold ETFs, rising from ₹1.58 lakh crore in April to around ₹1.91 lakh crore in October. The World Gold Council's latest quarterly outlook suggests that gold demand may receive support from the ongoing festival and wedding seasons, while central banks' continued gold accumulation could further bolster prices in the coming year. Among the 22 gold ETF schemes, Nippon India Gold ETF BeES led with a 12.58% return, followed by Invesco Gold ETF at 12.50% and ICICI Prudential Gold ETF at 12.39%. Compared to physical gold, ETFs offer the advantage of eliminating making charges, storage costs, and theft concerns, with units held electronically in demat accounts and tradable at market-linked prices on the NSE and BSE. Experts advise investors to accumulate gold gradually through ETFs as a portfolio diversifier rather than a short-term trading opportunity.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}