•Strong price gains (gold 60-70%, silver >100% in INR) and persistent global risks fuel investor interest in bullion ETFs.
•ICICI Pru AMC's Chintan Haria attributes flows to macro concerns like geopolitical tensions, currency volatility, and slowing growth, driving demand for capital preservation.
•Sustained global central bank gold buying provides structural support, validating gold's role as a reserve asset and reducing downside panic.
•ETF and FoF structures lower entry barriers with intraday liquidity, transparent pricing, no storage risk, and SIP options for retail investors.
•Haria emphasizes expense ratios, tracking efficiency, and higher AUM for better liquidity and lower costs as crucial factors for long-term returns.
