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  • News From Press Gold's comeback in portfolios

    Gold's comeback in portfolios

    Source: Business Standard Jun 28, 2016

    While the BSE Sensex has been taking a serious hit because of global uncertainties, gold has quietly made a comeback, in terms of returns. In the past year, when the Sensex fell 5.1 per cent, gold funds returned as much as 17-18 per cent.  On Friday, when the British population voted to exit the European Union, popularly known as Brexit, investors rushed to the yellow metal’s safe haven, leading to a four-per-cent surge to Rs 30,755 per 10 grammes. No wonder, fund managers are busy fielding calls from potential investors who want to invest in gold. “We have got some ..

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