Is gold shining? Given the negative returns in the last three months

What is the end of the golden glow? This is because when the price of gold is high, the returns on mutual funds of gold are reduced and negative. Gold funds have returned -2.52% in the last three months.

It was down 0.10% in one month and -2.15 in the week. Sets negative returns have impacted investments made in these projects. 907.85 crore in gold ETFs in August 2020 It declined to Rs 430.65 crore in December 2020. The net outflow in the Gold ETF segment was in November after seven consecutive months of total investment. The main reason for this is investor profit reservation. Experts now say such returns are not expected from gold. Looking at the current conditions, the economy is back on track. The stock market is doing well. With the introduction of vaccination, gold prices could be further softened in the coming years. In such a situation, gold fund revenues will also decrease.

Investors were given a return of -2.52% from the gold fund over the last three months

Revenues of 2.15 per cent a week after being vaccinated against the gold fund

Gold Price Latest: Gold and silver prices go up, know today’s rate

.

Disclaimer: The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.