Global Gold Slips 6% as Top Indian ETFs Deliver 7.5% Returns
Global gold prices dropped 6% in dollar terms, while top Indian gold exchange-traded funds posted 7.5% returns.
Global gold prices declined 6% in dollar terms, according to a report published by Livemint. Despite the drop in the precious metal, top Indian gold exchange-traded funds (ETFs) delivered 7.5% returns.
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The yellow metal slipped in dollar terms, reflecting broader pressures in commodity markets. However, domestic fund performance in India demonstrated resilience against the global decline.
Key facts
- Global gold prices dropped 6% in dollar terms
- Top Indian gold ETFs delivered 7.5% returns
- Data reported by Livemint
Source: news.google.com
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