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  • NFO News Gold prices at six-year high; time to rethink about gold mutual funds?

    Gold prices at six-year high; time to rethink about gold mutual funds?

    Source: The Economic Times Jun 26, 2019


    Gold prices touched six-year high on Monday and commodity analysts believe that the prices may go up further. Is it time to take a second look at gold as an asset class, especially gold mutual funds? Many financial planners and investment consultants have stopped recommending gold as a diversification tool after the yellow metal lost its sheen in the last few years. Will they change their stance now that it has bounced back to a multi-year high?

    Gold surpassed $1,400 an ounce on Monday. ..

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