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  • News From Press Tipping point: Yellow metal is safe haven, don't wait to invest in gold ETF

    Tipping point: Yellow metal is safe haven, don't wait to invest in gold ETF

    Whenever there is a high level of fear or panic, either in the economy or the markets, money tends to move into gold.
    Business Standard Apr 2, 2020

    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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