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  • News From Press Brexit effect: gold funds regain lustre

    Brexit effect: gold funds regain lustre

    Source: Hindu Business Line Jul 1, 2016

    Thanks to Brexit and the uncertainty in global markets, the gold mutual fund schemes managed by most fund houses have regained their lost glory.

    Some of the fund houses have managed to deliver returns of 25 per cent in the last six months, though the real rally in gold was triggered by the unexpected result of the UK referendum in favour of an exit from the European Union.

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