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Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs, Investment more

For jittery investors, all that glitters is gold ETF

Posted on 22 October 2010

From Indiatimes.com: Rising demand for gold, low production and firm prices are prompting investors to load up on the yellow metal in their portfolios like never before. This is despite gold appreciating 22% over the past one year. Gold exchange-traded funds (ETFs) have been the biggest beneficiaries of this gold rush.
Gold ETFs, as a segment, have seen huge institutional and retail interest over the past few months. While gold ETFs buy units of gold, gold-based fund-of-funds (schemes that invest in other schemes) invest in gold through gold ETFs……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 36638 posts on Opalesque Commodities Briefing.


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