In a bid to boost investment in gold, the GST Council, last year, provided relief to this sector by withdrawing KYC norms and PMLA.Jan 10, 2018, 13:03 PM IST
Trading in gold ETF has been lukewarm in the previous four fiscals.Dec 11, 2017, 16:29 PM IST
Spot gold was up 0.3 percent at USD 1,280.64 per ounce, after hitting $1,281.92 an ounce, its highest since June 8.Aug 10, 2017, 18:55 PM IST
Gold exchange traded funds (ETFs) continued losing steam as an investment class with investors pulling out more than Rs 200 crore from the instrument in the first quarter of the current fiscal, preferring equities over them.Jul 11, 2017, 15:00 PM IST
As per Amfi data, the Rs 19.04 trillion AUM industry has seen a massive outflows in April and May this year at Rs 64,692 crore and Rs 40,711 crore, respectively, primarily due to corporates withdrawing their short-term parked cash.
Jun 25, 2017, 15:19 PM IST
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.Apr 28, 2017, 10:06 AM IST
Investors remained bearish on gold exchange-traded funds (ETFs) as they pulled out Rs 775 crore from the instrument in the last fiscal, making it the fourth consecutive financial year of outflow.Apr 10, 2017, 14:10 PM IST
Gold exchange-traded funds (ETFs) saw a net outflow of Rs 35 crore in January, taking the total to Rs 649 crore in the first 10 months of the current fiscal, primarily on account of profit booking.Feb 08, 2017, 13:25 PM IST
Investors pulled out Rs 77 crore from gold exchange-traded funds (ETFs) in September, taking the total withdrawal to Rs 539 crore in the first six months of the current fiscal.Oct 13, 2016, 13:42 PM IST
Investors remained bearish on gold exchange-traded funds (ETFs) in June and pulled out Rs 80 crore from this instrument, taking the total to Rs 228 crore in the first quarter of the current financial year, mainly on account of profit booking.
Jul 20, 2016, 13:45 PM IST
Investors pulled out Rs 21,535 crore from various mutual fund (MF) schemes in June, making it the second consecutive monthly outflow, primarily due to huge redemption from money market segment.Jul 15, 2016, 14:57 PM IST
Gold hit its highest in more than a year on Friday, extending the previous day's 2 percent rally as oil prices declined and the dollar softened, while traders awaited a closely watched payrolls report from the United StatesMar 04, 2016, 19:39 PM IST
Investors continued to pull out money from gold exchange-traded funds (ETFs) last year and withdrew close to Rs 900 crore, shrinking asset base of such products by around 20 percent.
Jan 14, 2016, 18:51 PM IST
The gold ETFs saw a net outflow of Rs 845 crore in January-November of this year, down from an outflow of Rs 1,651 crore in the entire 2014.Dec 28, 2015, 18:02 PM IST
Zee Media BureauNov 09, 2015, 10:57 AM IST
Gold ETFs track the metal's prices and each unit of these securities is generally equivalent to one gram of gold.
Nov 03, 2015, 19:41 PM IST
Gold eased slightly to $1,234.05 an ounce Tuesday, but remained close to a four-week peak of $1,237.30 hit on Monday, when the metal gained over 1 percent.Oct 14, 2014, 09:57 AM IST
Gold was flat at USD 1,244.55 an ounce. The five-day decline before Tuesday is the metal`s longest losing streak in nearly seven months.Jun 03, 2014, 10:22 AM IST
Gold prices are likely to decline to Rs 25,500-27,500 per 10 gram level in 2014-15 fiscal in line with global prices, India Ratings and Research said Thursday.May 08, 2014, 19:12 PM IST
Gold prices have probably peaked this year and could sink to their lowest since 2010 at USD 1,100 an ounce as the U.S. economic recovery gathers pace, consultancy Metals Focus said on Wednesday.May 07, 2014, 20:05 PM IST