Wed, Nov 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Gold ETF sales fall in India as investors follow George Soros in pulling out money

Posted on 20 March 2013

Indian gold funds are shrinking for the first time since June as investors in the biggest bullion-consuming nation follow billionaire George Soros in pulling money from products backed by the precious metal. Exchange-traded funds in gold saw outflows of Rs8 crore ($1.5 million), data from the Association of Mutual Funds in India show.
Investments in sovereign-debt funds rose by Rs446 crore, the sixth straight month of inflows. Gold prices in India have slid 4% this year, while rupee bonds returned 2.7%, the second-highest gains in Asia………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38144 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30