US EditionGold ETFs Surge up to 72% YTD: Will This Rally Continue? Explained with 4 Factors
4 Articles
4 Articles
Gold ETFs surge up to 72% YTD: Will this rally continue? Explained with 4 factors
Gold ETFs continued to witness healthy investor interest in November, recording net inflows of ₹3,741 crore. The returns offered by the top-performing gold ETFs this year have been upward of 72%, increasing their lure for investors.
Gold ETFs have so far surged by 72%, raising a big question among investors whether the rise in gold prices will continue? According to experts, the boom seen in gold ETFs is not entirely a bubble. A weak US dollar, continued gold purchases by central banks and expectations of a cut in interest rates are providing strong support to gold prices. Gold and silver have emerged as the highest-returning assets this year. Both metals have performed ver…
The post Gold: How long can this rally be continued? appeared first on finanzmarktwelt.de.
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