Gold ETFs trading at a premium to NAVs - should you buy?
With the lockdown being extended till 3 May, experts believe that the premium may go up further
While investing in gold ETFs, you should look at the tracking errors of the underlying ETFs
Gold has emerged as one of the best performing asset classes for investors. It has delivered a return of 11% (in rupees terms), according to data from the World Gold Council data as on 9 April, compared to a correction of over 25% in equities as on 13 April 2020. No wonder the investment demand for gold has gone up substantially.