India-focused funds experienced outflows for the fifth straight week, but the pace of redemptions eased to $78 million, down from $387 million the previous week and $700 million the week before, according to a report released by Elara Capital. The report further highlighted that all the redemptions of this week came from ETFs with a…
A gold ETF — or gold exchange-traded fund — is a market-linked instrument that seeks to capture and mirror the price trends of physical gold. These funds — categorised under ‘other’ schemes, distinct from equity, debt, hybrid or solution-oriented schemes — invest in 99.5 per cent pure gold bullion (also known as 995 purity). Gold…
Top 7 Gold ETFs in 1 Year: Gold exchange-traded funds have been attracting investor attention for over more than a year because of a rise in gold rate. Gold ETFs invest in physical gold of very high purity. It makes those investors’ job easy who want to benefit from the rising price of gold but…