Consider gold investment, focusing on Gold ETFs or Sovereign Gold Bonds (SGBs), rather than traditional forms like jewelry or coins
Until now, investments were being made in shares of companies involved in paper, cement, metal, chemical, and fertiliser production
However, gold’s appeal as a safe haven has seen certain slack, given that things are looking better for the dollar, with the 10-year US treasury bon
The demand for gold ETFs resurrected sharply since last month, when gold ETFs managed Rs 456.15 crores worth of inflows.
According to the report, since 2018, the assets under management (AUM) has grown at a CAGR of 54%. From Rs 83,000 crores in FY18, the segment jumped 8
The Silver ETF is expected to work just like Gold ETF, where units can be created only after buying the underlying asset
The boom in passive investment was seen as a major asset class creation
Investing through SIPs also ensures rupee cost averaging by buying more units at lower net asset values (NAVs) during bear markets
Retirement planning: Selecting the correct financial instrument that can augment your wealth is of prime importance
Asian gold ETFs have led global growth in percentage terms, adding more than 13% in 2021, says World Gold Council