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Commodities Briefing - Categorized | ETFs / ETCs, New Launches more

India funds plan silver ETFs

Posted on 09 March 2011

From WSJ: After a brisk pick-up in gold exchange-traded funds, or ETFs, several Indian mutual fund houses are planning to launch silver ETFs as soon as regulatory authorities give them clearance.
Indians typically buy gold and silver jewelry with their savings, but with prices rising to new highs almost every month, demand for jewelry is fast being replaced by growing interest in investment products such as gold ETFs……………………………………….Full Article: Source


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