February 4, 2023

Gold ETF has change into a most popular funding avenue for the retail buyers these days. AMFI knowledge reveals that the buyers’ account in gold ETF multiplied by 9 instances because the pandemic broke out in March 2020. Consultants attribute this to the lockdowns, when individuals weren’t in a position to purchase bodily gold, given the uncertainty that prevailed. Individuals had been attracted in direction of the paper gold which gives a hassle-free funding expertise. Yellow steel has been thought of a secure haven towards geo-political uncertainties, recession and rising inflation. One can maintain 5-10% of portfolio in gold at any level of time.

 

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