Gold funds continue to attract investors as tariff uncertainty hovers with August 1 deadline
Published on 21/07/2025 03:40 PM
Gold funds continue to attract investors as tariff uncertainty hovers with August 1 deadline The ongoing investment momentum in Gold funds has coincided with a rise in spot gold prices, which have soared as much as 27% in the calendar year so far.By Vipal Durge July 21, 2025, 3:40:58 PM IST (Published)3 Min ReadFor the eighth straight week, global investors have continued to pour money into Gold funds as the anxiety stemming from unfinished trade negotiations peaks ahead of US President Trump’s August 1 deadline for imposing reciprocal tariffs. Weekly inflows into Gold funds quadrupled to $2.4 billion on a sequential basis compared to $0.5 billion in the previous week, according to an Elara Capital report dated July 18, citing EPFR data.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers