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India: Investor assets in gold ETFs near Rs 12,000 crore mark

Posted on 17 December 2012

Rising gold prices and continuing investor demand has pushed the size of assets held through gold ETFs ( Exchange Traded Funds) to an all-time high of Rs 11,918 crore in the country.
The surge in asset size of gold funds continues even as the government has taken steps to direct the flow of household savings into equity, mutual funds and other financial instruments, rather than to idle assets like gold……………………………………..Full Article: Source


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