Kunal Shah on why sovereign gold bond is a great scheme to invest in
So, ETFs are not buying, jewellery demand is low but then too gold prices are not going down. The reason for that is the central banks; some or the other central banks are turning up and buying gold. Historically, we have seen central banks were not holding gold but right now the options for them are very limited to diversify their foreign exchange reserve.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
