According to Economic Times, Gold ETFs from Jan 08 till date have given better returns than the BSE SENSEX.
GOLD ETFs Return
UTI 12.5%
NSE GOLDBEES 12.46%
RELIANCE 11.79%
KOTAK 12.45%
SENSEX -25.18%
A fund manager at Schroder Investment Managament Ltd has stated that Gold may touch $5000 & more as investor would desperately seek to protect themselves against accelerating inflation.
Readers should draw their own conclusion & take appropriate action.
Disclosure: I have position or maybe trading in above said stocks/ commodity for myself/ family members / friends / Associates.
Please go through Disclaimer on this blog.
This blog is meant for ideas on Stocks, commodity & Forex trading. It emphasizes on importance of Technical Analysis using Swing & Candlestick Patterns. Also covers articles on Insurance, Loans & Mortage to complete the entire Financial Basket.
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