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  • News From Press Gold funds offer -8.37% returns in one year. Should you exit?

    Gold funds offer -8.37% returns in one year. Should you exit?

    Source: Economic Times Oct 8, 2021

    Gold is not shining. Gold mutual funds are in the last position in the year to date as well as in the one-year return charts. The gold fund category has offered an average return of -7.59% YTD and -8.37% in one year. International gold prices settled 3% lower in September, slightly above $1750 per ounce. On the other hand, with the Indian rupee depreciating, gold prices in India ended around 1.5% lower in ...

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