MF News Gold ETFs bleeding; should you stay invested?

Gold ETFs bleeding; should you stay invested?

Gold exchange traded funds (gold ETFs) or the so-called paper gold schemes were once very popular when the yellow metal witnessing a steady surge. But with gold losing sheen over the past couple of months, investors have started withdrawing money from these schemes in hordes, leading to a sharp drop in the asset under management (AUM) of gold ETFs in India.

Source: IIFL Jun 15, 2015

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