Industry participants are advocating for an updated futures settlement mechanism aimed at stabilizing net asset values and curbing manipulation in arbitrage funds ahead of regulatory reviews.

Invesco Mutual Fund and Tata Mutual Fund are resuming lump sum subscriptions in their gold ETFs and Gold ETF FoFs from August 24. This decision comes as bullion prices head for a third consecutive weekly gain.

Mutual fund houses in India are imposing restrictions on large inflows into gold exchange-traded funds (ETFs) as a measure to manage foreign exchange pressure.