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Gold ETF glitters in gloomy markets, posts 36% return

Posted on 09 March 2009

From Indiatimes.com: Amid the gloom in the equity market, gold Exchange Traded Fund (ETF) is the only asset class which has been giving glittering returns as high as 36 per cent for the last six months.

“Since the beginning of the global financial meltdown in mid-September, gold ETF has given return of about 36 per cent,” said UTI Mutual Fund Head of Products R Raja….. Full Article: Source


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