Gold Silver Reports – ✅ The SPDR Gold Shares ETF (ticker GLD) kicked off 2018 with an advance of 1.2 percent on Jan. 2, extending its streak of gains to 11, a record. It retreated slightly at the start of regular trading on Jan. 3, but is still up for the year.
ETF / Mutual Fund
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Gold To See $1400 In 2018 As It Recovers From The Bear Market – ABC Bullion
Gold Silver Reports – Gold To See $1400 In 2018 As It Recovers From The Bear Market – ABC Bullion » The yellow metal’s bear market is coming to an end, with prices projected to climb above the $1,400 level in 2018, according to ABC Bullion.
Why is India’s interest in gold ETFs falling?
Gold Silver Reports – With equity markets rising (the S&P BSE Sensex has returned 15% in the last 2 years and 26% so far this year), it’s no wonder that other assets—especially gold—have taken a back seat. According to the Association of Mutual Funds of India (Amfi), equity funds have seen net inflows (more money came in than went out) of Rs1.78 trillion so far in 2017.
Gold May Not Be Bitcoin, But Miners Can Still Make You Money
Gold Silver Reports – Gold and silver prices haven’t had the best year when compared to industrial metals, and the outlook for next year looks muted at best.
Gold ETFs add 9.1 tonnes in November
Gold Silver Reports – Gold ETFs add 9.1 tonnes in November – The World Gold Council has reported that gold ETFs saw net inflows amounting to 9.1 tonnes of gold ($393 million) during November, bringing total holdings to 2,357t ($8.5 billion).
Mutual Funds Log Rs1.26 Trillion inflow in November
Gold Silver Reports – Investors have pumped Rs1.26 trillion into mutual funds in November, driving industry assets under management to an all-time high of Rs21.8 trillion. With the latest inflow, total infusion in MF schemes reached Rs3.8 trillion in the first eight months (April- November) of the current fiscal, latest data with Association of Mutual Funds in India (Amfi) showed.
Sebi May Allow Mutual Funds, Portfolio Managers to Invest in Commodities
Gold Silver Reports – The Securities and Exchange Board of India (Sebi) on Thursday proposed to allow mutual funds and portfolio managers to invest in commodity derivatives market in a latest attempt to widen investments in this asset class.