The Economic Times

Gold rallies 9% in July, but investors park Rs 1.4 lakh crore in money market funds: Vallum Capital

In July, gold showcased impressive returns, significantly outpacing the equity markets as investors shifted their focus to secure assets, such as money market funds. Following a robust performance in June, precious metal fund inflows saw a notable decline. Conversely, fixed-income funds experienced a turnaround, drawing in new capital. This shift highlights a growing preference among investors for safety rather than chasing after market highs.