Archive · 3 Jun 2025
Gujarat's Gold ETF Assets Rise Amidst Soaring Prices
In Gujarat, people are buying more Gold ETFs, which are like digital gold, because gold prices are high and less people are buying gold jewelry.
Gold ETFs are easy to buy and sell, and you don't have to worry about storing them.
Over the first four months of 2025, the amount of money in Gold ETFs in Gujarat went up by 27%.
Experts say gold is a good investment, especially with prices going up due to global events.
This trend is expected to continue, making digital gold a popular choice.
Gold ETF AUM in Gujarat increased by over 27% in the first four months of 2025.
Gold prices in Ahmedabad reached Rs 99,500 per 10g on Monday.
Investors are shifting from physical gold to Gold ETFs.
Gold ETFs offer ease of transaction and liquidity.
Market is responding to global cues, with continued volatility expected.
- Who
- Investors and market participants in Gujarat
- What
- Increase in Gold ETF assets under management (AUM) due to rising gold prices and shift from physical gold
- When
- Between January and April 2025
- Where
- Gujarat, particularly cities like Ahmedabad, Surat, and Rajkot
- Why
- Rising gold prices, geopolitical tensions, ease of transaction, and less compliance requirements associated with Gold ETFs.
Physical Gold Buyers
Gold ETF Investors
Investment Preference
Physical Gold Buyers
Traditional retail demand with lower demand due to high prices and less ornamental use.
Gold ETF Investors
Opting for Gold ETFs due to ease of transaction, less compliance, and liquidity.
- Gold ETF AUM Growth (Jan-Apr 2025)
- 27%
- Gold ETF AUM (April 30, 2025)
- Rs 867.49 crore
- Gold Price (Ahmedabad, Monday)
- Rs 99,500 per 10g
- Gold Price per ounce
- $3,300
- Source
- AMFI