Gold units seem to be better than the real thing. Gold ETFs (exchange-traded funds), with their cost-effective way of acquiring gold and paper mode of trading, seem to be the best form of investing. So if you are planning to buy gold this season not with the intention of making jewellery, but to hold it as an investment, consider a gold ETF.
It works out 15% cheaper than buying gold coins from a bank. So rush to your broker to place an order for units of a gold ETF. If industry experts are to be believed , gold prices may go up by 5-6 % by end of the year itself.
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Tuesday, September 4, 2007
Get golden returns from exchange-traded funds
Posted by
Anil Rego
at
1:15 PM
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