Fri, Aug 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Gold ETFs in India touch 40 tonne (40,000 kilo)

Posted on 08 February 2013

India’s high gold imports are hurting the country’s current account deficit. The government’s import restrictions are hurting the populace. The only organisation not worried, as of now, are gold backed exchange traded funds.
Worried investors are veering towards the country’s 14 gold exchange traded funds (ETFs), which together have garnered 40,000 kilo of the precious metal. The ETFs allow investors to trade in the metal in a non physical form and electronically on stock exchanges. Gold ETFs debuted in India about six years ago………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36243 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31