The dangers of ETF gold

People who are intent on buying gold may consider an exchange-traded fund (ETF) as an option, however this method can be fraught with dangers. The 2004 launch of the SPDR Gold Trust ETF, which operates under the ticker symbol GLD, allowed investors to purchase the yellow metal without possessing bullion...

Indian trade ministry supports gold import changes

India’s Trade Secretary Rajeev Kher has confirmed the trade ministry supports reducing gold import duties. Mr Kher, commenting after the release of the country’s latest export figures, said he and his department encourage changes that would positively affect the precious metal markets. He stated: “The ministry is in favour of...

Is 2014 the right time to buy gold?

Following a 28 per cent slump in gold prices last year, is 2014 a time when the precious metal will provide significant returns to investors? According to Jeff Reeves, editor of financial news site InvestorPlace.com, market conditions are aligning in such a way that gold could become an increasingly attractive...

Gold price surge predicted as inflation rises

The number of people buying gold may be set to rise as a financial expert predicts core inflation rates to increase over the next 18 months. Citi Analyst Tom Fitzpatrick said today’s inflation looks to be mirroring trends seen in the late 1950s when prices continued to soar well into...

Reserve Bank of India relaxes gold import rules

The Reserve Bank of India (RBI) has announced it has relaxed some of the trading conditions for the import of gold following several increases to import duties last year. Hiking the tax rate, which began 2013 at 2 per cent and ended the year at 10 per cent, was a decision...

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