Gold funds offer -2.52% returns in 3 months. Is the rally over?

Synopsis
Gold prices in India fell amid weak global cues today to a one-month low. Falling for three consecutive days, gold futures on MCX fell 0.14% to over one month low of Rs 48,636 per 10 gram.

Gold funds and ETFs are under scanner for the drop in their performance in the last three months. Experts blame the fall in gold fortunes on the global vaccination drives and optimism around the world economies. Gold prices in India fell amid weak global cues today to a one-month low. Falling for three consecutive days, gold futures on Multi Commodity Exchange (MCX) fell 0.14% to over one month low of Rs 48,636 per 10 gram.This trend is

Shivani Bazaz

ET Online

5 mins read, Last Updated:

Jan 19, 2021, 10:37 AM IST

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