These funds now account for 17.4% of industry AUM, up from 16.6% in December 2024
The value of gold, the note said, is only 60 - 70 per cent of the jewellery purchase price. The weak performance of diamonds, which form a meaningful part of the jewellery purchase price, caps gains.
On the downside, gold prices, WGC said, can slip 5 per cent to 20 per cent in CY26. For that to happen, Donald Trump's policies need to succeed, resulting in stronger-than-expected growth.
PFRDA chief S Ramann said two banks have applied to launch pension funds as regulator expands outreach to smaller cities, explores tech partnerships and plans to allow gold and silver ETF investment
Global tensions, weakening dollar, and surging central bank demand are fuelling gold’s rise. Emkay analysts now predict prices could soar to $4,600 per ounce.
Choice Mutual Fund on Friday announced the launch of its gold ETF providing investors an affordable and secure avenue to gain exposure to the yellow metal. The new fund offer will remain open till October 31. The Choice gold Exchange Traded Fund (ETF) will provide investors a simple, secure and liquid route to tap the yellow metal's long- term growth potential, Choice Mutual Fund (MF) said in a statement. The open-ended scheme seeks to generate returns in line with domestic gold prices and offers a liquid alternative to physical gold. The minimum investment during the NFO is Rs 1,000, and the fund will be listed on the BSE and NSE within a week of closure, it added. "Gold ETF investors carry no risk of physical storage, but the instrument offers the same market value and growth potential of physical gold. "In an era of geopolitical tensions and economic uncertainty, it is one of the best asset classes that ensures safety for one's money and has potential to provide long term return
A portfolio that includes gold has delivered better risk adjusted returns than one with only equities over the long run
Bulk of gold investment for investment purpose should be through ETFs; limit jewellery purchase to personal use
Gold allocations amid the recent sharp run in prices may prompt portfolio rebalancing by strategic investors, WGC believes
This holding is nearly 88.8 per cent of India's gross domestic product (GDP), the note said; and at the current market value is about 3.1x times the current equity stock holding with Indian households
Our fund of funds isn't allowed to invest in silver futures, only in silver ETFs. So, we had no option but to pause fresh purchases - else, investors would enter at a 10 per cent premium, Shah said
In CY25, spot gold prices in dollar terms rallied 47.3 per cent, while spot silver has surged 62 per cent, outperforming major asset classes
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Spot gold hit a new record high of $3,707 on September 17 as the US Federal Reserve cut the Fed Fund overnight rate by 25 bps to 4-4.25 per cent range and signalled two more rate cuts by the end of th
Gold outlook: The yellow metal is likely to rise to $3800 (Rs 115,000) in the coming months, with support at $3600, according to Praveen Singh
Gold is expected to fall sharply in case the Trump Administration decides to extend the July deadline
Dip buying in gold is advisable as the key US macroeconomic reports have not been so encouraging
Spot gold may test the support zone of $3,250-$3,257 (₹93,700-₹93,950). Downside from current level may be limited though.
Gold is well supported in a risk-off scenario due to geopolitical and economic issues
Gold prices are likely to stagnate or even decline by 5 per cent to 10 per cent over the next year, as it potentially underperforms global equities