India July ETF Assets surged 2.5%
Assets in India’s gold exchange-traded funds in July surged 2.5% to $181 million from 8.44 billion rupees in June, data from the Association of Mutual Funds in India showed Monday. For full story, click here
Articles Tagged "exchange"
Lihir Gold has sought to sell Ballarat Mine in Australia
Lihir Gold , the second-largest gold mining company on the Australian Stock Exchange, is seeking to sell its Ballarat mine in Australia after a review of the project indicated it couldn’t support bulk production. For full story, click here
Eldorado has amended agreement to acquire Gold Fields Stake in Sino Gold
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation declared that Eldorado has amended its agreement with Gold Fields Australasia Limited whereby Eldorado will acquire 57.9 million shares of Sino Gold Mining Limited in exchange for 27,824,654 shares of Eldorado, subject to certain adjustments. For full story, click here
CME Group will run OTC London Gold Forward Clearing Service
CME Group Inc declared will offer clearing services for over-the-counter London gold forwards, as the leading U.S. commodities exchange aimed at expanding its gold trading operation. For full story, click here
Eldorado has amended agreement to acquire Gold Fields Stake in Sino Gold
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation declared that Eldorado has amended its agreement with Gold Fields Australasia whereby Eldorado will acquire 57.9 million shares of Sino Gold Mining Limited in exchange for 27,824,654 shares of Eldorado, subject to certain adjustments. For full story, click here
Gold ETF’s have scored over Gold Fund of Funds
The last one-year has brought in a clear-cut difference between gold exchange-traded funds and Fund of funds for investors who have been uncertain as to which of these funds is a better bet. In the last one-year, ETFs have done extremely well with 14% returns over last one year, but the two fund of funds [...]
Gold ETF’s have scored over Gold Fund of Funds
The last one-year has brought in a clear-cut difference between gold exchange-traded funds and Fund of funds for investors who have been uncertain as to which of these funds is a better bet. In the last one-year, ETFs have done extremely well with 14% returns over last one year, but the two fund of funds [...]
Gold ETF’s have safer bet in times of crisis
With India being the leading consumer of gold, the rather modest response to gold exchange traded funds looks a little unusual. For full story, click here
Income Funds, Gold ETF’s assets remain at highest ever
Debt, equity and gold exchange-traded funds have all participated in the mutual fund industry’s run to the Rs 6 lakh crore-mark, achieved in May. Navneet Munot, chief investment officer at SBI Mutual Fund, stated: Overall, the systemic liquidity has improved and the money is coming into fixed-income funds. For full story, click here
India’s May Gold ETF Collections up 9 percent on year
India’s gold collections under the exchange traded funds has edged up 9.3 percent on year to about 4.99 tonnes in May from 4.57 tonnes a year ago, data from the funds showed. For full story, click here
