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Gold ETFs attract strong inflows as equity sentiment weakens

Gold ETFs saw strong inflows as investors looked for defensive assets.
Gold exchange traded funds saw strong inflows in January as investors sought defensive allocations amid equity market volatility. Data showed a sharp rise in gold ETF investments, supported by global uncertainty and stable bullion prices. Market participants said diversification and risk hedging drove demand. Analysts expect gold focused products to remain attractive while market uncertainty persists and equity sentiment stays fragile during the coming months.