22.10.2010 - For jittery investors, all that glitters is gold ETF
From Indiatimes.com: Rising demand for gold, low production and firm prices are prompting investors to load up on the yellow metal in their portfolios like never before. This is despite gold appreciating 22% over the past one year. Gold exchange-traded funds (ETFs) have been the biggest beneficiaries of this gold rush. Gold ETFs, as a segment, have seen huge institutional and retail interest over the past few months. While gold ETFs buy units of gold, gold-based fund-of-funds (schemes that invest in other schemes) invest in gold through gold ETFs..............................................Full Article: Source
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