Investors showed enthusiasm towards Gold Exchange Traded Funds (ETFs), which are considered a safe haven during uncertain times, and pulled out money last month in April and subsequently invested Rs 125 crore. These figures tell us the Association of Mutual Funds in India (AMFI) shows.
Safe Haven Demand
India Gold Prices Kiss Life-Time High As Virus Spike Lifts Safe-Haven Demand
Gold prices in India kiss life-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal’s safe-haven appeal.
Tariff Tantrums: Gold Prices Recover Losses as Safe Haven Demand Returns
Gold Silver Reports – Gold prices hovered around breakeven Thursday as safe-haven demand returned as traders feared the prospect of a global trade war after President DonaldTrump said the U.S. will impose tariffs on steel and aluminium imports as early as next week.
Gold Hold Uptrend on Safe Haven Demand
Gold Silver Reports — European markets are trading higher as weaker Chinese inflationdata fueled investor hopes that Beijing will keep monetary policy loose. Asian markets are trading mixed and the US stock futures are trading in the green.
Gold Near Eight Month High on Safe Haven Demand
Gold Silver Reports ~ Gold was holding near 8~month high on Wednesday as risk aversion sent investors to the safe-haven asset amid a tumble in global stock markets and concerns over the global economy.
High US Rates Greater Safe Haven Demand for Gold
Gold Silver Reports ~ Charles Gibson, an analyst with London-based Edison Investment Research, is nervous. Gibson says the U.S. Federal Reserve’s statement that it would push the benchmark interest rate to 1.375% by the end of 2016 could send