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  • News From Press Gold prices touch all-time high; time to rethink about gold mutual funds?

    Gold prices touch all-time high; time to rethink about gold mutual funds?

    Source: The Economic Times Sep 14, 2019


    Gold prices touched the all-time high mark of 38,695 per 10 grams on Friday. 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?

    Globally, the yellow metal was trading at USD 1,505 an ounce in New York o ..

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