Macro Finance
Asset Managers Curb Inflows Into Gold ETFs on Weak India Rupee
Bloomberg Markets·October 16, 2026·1 min read
Indian asset managers are restricting fresh investments into gold products ahead of the festive season, when demand is strong, to curb appetite for the precious metal amid a historic slide in the local currency. The move adds to national efforts to limit gold purchases as the rupee weakens.
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