Gold exchange traded funds (ETFs) have given a category average return of 38.5 per cent over the past year. Despite this, experts feel the price of gold could climb higher. The yellow metal is the best-known safe haven asset. Whenever there is a high level of fear or panic, either in the economy or the markets, money tends to move into gold. Those who have a medium-term investment horizon of, say, around three years are better off investing in a gold ETF rather than in sovereign gold bonds (which have low liquidity). However, hurry up.
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