Gold ETFs dazzle investors on Dhanteras

Nov 1

Gold ETFs dazzle investors on Dhanteras

Gold exchange-traded funds (ETFs) witnessed record trading on Dhanteras, a day considered auspicious for buying the yellow metal. More than 2,550 kg worth of gold ETFs were traded on the exchanges this Dhanteras, taking the total value of trade to more than Rs 650 crore in a single day, nearly 8.5 times higher than last year. The heavy buying was prompted by perception of gold as a hedge against inflation than mere festive buying, said experts
http://economictimes.indiatimes.com/markets/commodities/gold-etfs-dazzle-investors-on-dhanteras/articleshow/10503937.cms

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