Rupee And Bond Update : The Indian rupee ended flat against the U.S. currency on Thursday ahead of the Monetary Policy Committee decision.
Read moreRupee And Bond Update – February 05, 2021
ETF / Mutual Fund
ETF / Mutual Fund
Gold ETFs attract Rs 6,657 crore inflow in 2020
Gold ETFs : Economic downturn due to coronavirus pandemic and weakness in the US dollar encouraged investors to infuse a whopping Rs 6,657 crore in gold exchange-traded funds in 2020.
Read moreGold ETFs attract Rs 6,657 crore inflow in 2020
A Tiny Gold Fund Turns Into Gateway for Capital Fleeing Nigeria
Gold Fund Reports : Exchange-traded funds have been lauded for everything from democratizing investment to boosting market liquidity. In Africa, savvy investors have hit on a less-obvious benefit: Aiding their escape.
Read moreA Tiny Gold Fund Turns Into Gateway for Capital Fleeing Nigeria
Gold prices today struggle, remains ₹5,000 lower than last month’s highs
In global markets, gold prices moved higher today as lacklustre US employment data and surging covid cases boosted the safe-haven appeal of gold. Spot gold climbed 0.4% to $1,951.13 per ounce.
Read moreGold prices today struggle, remains ₹5,000 lower than last month’s highs
Investors continue to pour money into gold ETFs
Investment demand for gold remained strong in India with gold-backed ETFs seeing inflows for the fifth month in a row. This comes despite weak retail demand amid the coronavirus pandemic.
Read moreInvestors continue to pour money into gold ETFs
Gold Rally Sputters With Bets on Vaccine, Economies Denting ETFs
The rally in gold, which surged to an all-time high two weeks ago, is showing signs of losing steam with hopes for a coronavirus treatment and signs of improving economies undercutting the metal’s appeal as a haven.
Read moreGold Rally Sputters With Bets on Vaccine, Economies Denting ETFs