We all know about stock splits wherein the face value of a stock is split or reduced say from Rs.10 to Rs.5 or Re.1 or so. Since each ETF that is created is similar to individual stocks, ETFs are also open to splits of its face value. Recently, the face value of ETFs from Nippon
Gold prices recently touched a 6 year high as it got beyond the $1550/oz mark and threatened to get closer to the $1600/oz mark. Of course, subsequently, the price of gold did correct to below $1500/oz. People tend to ask whether this is the right time to be buying gold or whether they should wait
In the last one year, gold has emerged as one of the best performing asset classes. For example, gold prices are up by nearly 30% in the last one year as the turmoil in the markets has led to increased demand for gold. Gold has historically had a positive relationship with political and economic uncertainty.