Gold Investments: India Best Benefitter In Asia!

Gold is not just an ornament but a major investment for many. Be it middle class or rich they invest in Gold for a safe and better return as the gold prices increase regularly. The same trend continued in 2024 with Asia benefiting from this. As per the info, the investment went past over 400 millions.

It is said that the gold investment is as much as USD 438 million in July. For the 13th consecutive month, Asia attracted a good amount of Gold investments. While Asia held its position as the investment giant India benefited from this due to various factors.

Investors in India preferred Gold in investments after the important duty was cut in the Budget. Moreover, the Gold prices saw an uptick in July resulting in a 4.5 per cent return in that month itself.

Gold has been the preferred investment of the majority of investors in the country for a long time. The same continued with the investors getting the fruits of the decision.

Indian gold ETFs also recorded an impressive inflow which led to the Gold investments going up. Due to various reasons, Asia has been the big player for a long time as far as the Gold investment is concerned with India being the major benefit.

For the 13th consecutive month, the investors have preferred Gold investment as a major decision. As of July, the investments stand at USD 438 million which is massive. If the same trend continues then the numbers would go further if the numbers in August are also added.