Gold exchange-traded funds in India saw the highest inflows in more than six years as investors poured in money seeking safe havens amid record high domestic prices and a slowdown in the economy. Net inflows in August rose to 1.45-billion rupees ($20-million), the highest since December 2012, according to data from the Association of Mutual Funds in India. It was the first time funds’ purchases of gold ETFs exceeded sales since November, the data showed. Net assets managed by the 12 gold funds in the country stood at 57.99-billion rupees as of Aug. 31, it said.
