| Once popular, gold exchange-traded funds (ETFs) now seem to be losing favour among investors. The commodity’s poor performance through the past three years has hit investment in this product. A 50 per cent rally in the equities market and adverse regulatory changes on gold import have further hit gold ETFs offered by mutual fund houses.
The poor returns from metal can be gauged from the fact that an investment of Rs 100 in gold three years ago is currently valued at Rs 92.6. For the last two- and one-year horizons, every such investment is valued at Rs 84 and Rs 85.6, respectively...............................................Full Article: Source
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