5 Best Gold ETFs To Invest As Gold Prices Fall

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    Gold ETFs have given negative returns in the last two years, as investors have dumped gold for equities in the last one year. Analysts are of the opinion that equities have run-up too far and there are chances that gold may make a comeback in the next two years, if economic growth around the world drops. Here are 6 Best Gold ETFs that can be good bets from a 2-3 year perspective.

    SBI Gold Exchange Traded Fund

    SBI Gold Exchange Traded Fund

    The SBI Gold Exchange Traded Fund has given a negative return of 4.3 and 10.2 per cent in the last one and two year respectively. The fortunes of the fund would depend on how gold prices behave internationally. A good ETF to invest in.

    UTI Gold Exchange Traded Fund

    UTI Gold Exchange Traded Fund

    The UTI Gold Exchange Traded Fund has been promoted by UTI and prices of the ETF have more or less been in line with gold prices. A negative return of 10.8 per cent generated by the fund in the last 2 years means prices are available lower as compared to a few years back.

    HDFC Gold Exchange Traded Fund

    HDFC Gold Exchange Traded Fund

    HDFC Gold Exchange Traded Fund has assets under management in excess of Rs 600 crores. The Fund has given negative returns of 10.9 per cent in the last two years. This is more or less in line with what most of the other funds have generated.

    Reliance Shares Gold ETF

    Reliance Shares Gold ETF

    The Fund has sizeable assets under management and has given negative returns of 10.7 per cent in the last two years. One can buy in small quantities and hold for the long term.

    Goldman Sachs Gold Exchange Traded Scheme

    Goldman Sachs Gold Exchange Traded Scheme

    Goldman Sachs Gold Exchange Traded Scheme like others has not performed too well. The returns in the last 2 years has been negative 5 per cent. One can buy and hold for the long term, on hopes that gold will rally sometime soon.

    Read more about: gold etfs
    Story first published: Wednesday, November 26, 2014, 9:31 [IST]
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