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Precious Metal ETFs: India Significantly Raises Its Gold Holdings

01 September 2010 at 10:07 am by Staff     Bookmark and Share    Follow EtfExpert on Twitter

Bloomberg recently reported that demand for gold increased 300% in the 6 months ending June 30th. The same report hypothesizes that India will increase its holdings in the yellow metal by 17x over the next 3 years.

Granted, a wide range of Commodity ETFs are showing relative strength heading into September. But are Precious Metal ETFs as tempting as Industrial Metal ETFs or Agricutural ETFs? 

Indian Gold ETF Assets To See Growth - EMII
ETFs And Mutual Funds Are Like Mac Versus PCs -Noah Hamman, Benzinga
Merger-Arbitrage ETF Banks On M&A Pickup -John Spence, MarketWatch

 

Disclosure Statement: ETF Expert is a web log (”blog”) that makes the world of ETFs easier to understand. Gary Gordon, MS, CFP is the president of Pacific Park Financial, Inc., a Registered Investment Adviser with the SEC. Gary Gordon, Pacific Park Financial, Inc, and/or its clients may hold positions in the ETFs, mutual funds, and/or any investment asset mentioned above. The commentary does not constitute individualized investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities. At times, issuers of exchange-traded products compensate Pacific Park Financial, Inc. or its subsidiaries for advertising at the ETF Expert web site. ETF Expert content is created independently of any advertising relationships. You may review additional ETF Expert disclosure details here.

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