Gold-backed exchange-traded funds (ETFs) worldwide registered net inflows of $3.4 billion, a 3 percent annual rise and increased by 69 tonnes to 2,440 tonnes in the year.
ETF / Mutual Fund
At Gold Silver Reports, we cover the latest ETFs / Mutual Fund news with expert analysis, market insights, and performance trends. Stay updated on top-performing funds, investment strategies, and wealth-building opportunities to make smarter financial decisions.
It’s Blue Skies in Gold ETFs as Investors Flee Equity Turbulence
The $32.4 billion SPDR Gold Shares fund, ticker GLD, saw inflows of more than $643 million one day this week, the most since July 2016.
How HDFC Life, SBI Life, ICICI Prudential differed in their Q2 results
The September quarter (Q2) saw different shades of performance by life insurance companies and the pressure on their unit-linked products was patently visible. In terms of profitability, HDFC Standard Life overshadowed its peers ICICI Prudential Life Insurance and SBI Life in performance.
Mutual Funds Garner ₹7,554 Crore Via SIPs in July – Gold Silver Reports
Gold Silver Reports (GSR) – Retail investors are increasingly opting for systematic investment plans (SIPs) in mutual funds as the industry garnered ₹7,554 crore through this route in July, a surge of 53% from the year-ago period.
Mutual fund SIP on WhatsApp: Should you invest?
Fintech platform Wishfin, an online marketplace for various financial services, has announced the launch of systematic investment plans (SIPs) on WhatsApp. Through SIPs, you can invest a certain sum in a mutual fund at pre-decided intervals.
How to Invest in Gold
Gold Silver Reports (GSR) – Gold is one of history’s most famous and important metals and has been the basis for monetary systems for thousands of years. Although no country today still uses the gold standard, the demand for the product as an alternative to fiat money has picked up in recent years thanks to the impressive stability of the precious metal.
All Eyes Are Glued to a Leveraged Gold ETF That’s Trading Its Size in Volume
Gold Silver Reports (GSR) – Wall Street can’t keep its eyes off an exchange-traded fund with leveraged exposure to gold miners that’s already traded more than its size in volume Tuesday.
The Direxion Daily Gold Miners Bull 3X Shares, known by its ticker NUGT, has had more than 80 million shares, worth over $1.8 billion, trade as of 1:19 p.m. in New York. That’s the most volume the $1.2 billion fund has ever seen and 10 times the average daily turnover for the past year.