Gold disappoints in 2021, but rising inflation may bring back demand

Gold disappoints in 2021, but rising inflation may bring back demand

Kolkata: Gold, one of the top performing asset in 2020, has fallen 20 per cent since August last, disappointing investors, though fund houses and experts said that given the monetary stimulus globally, inflation is likely to edge higher on account of higher agri and commodity prices and the yellow metal will act as a hedge … Read more

Gold ETFs set for biggest sales since March as haven demand ebbs

Gold ETFs set for biggest sales since March as haven demand ebbs

By Eddie Spence Gold exchange-traded funds headed for the biggest weekly outflow since March as the prospect of a coronavirus vaccine curbed demand for a haven. Investors have sold almost 18 tons from ETFs so far this week after Pfizer Inc.’s announcement of progress on a shot sparked hopes of a turning point in the … Read more