Volume : VI, Issue : V, May - 2016
INDIA AND GOLD ETF– AN HISTORICAL REPORT
C. R. Shiv Kumaran, Dr. Mrs. A. Kumudha
Abstract :
India has for long been obsessed with gold. Year after year Indians buy tons and tons of gold. Compå with the official reserves of gold held by Reserve Bank of India, private holding is large. This paper aims to identify the reasons for India’s obsession affair with gold and the way it is currently precipitating the Current Account Deficit (CAD) crisis. All measures of the government till date has not been able to whet the appetite of the average investor to cut his or her gold consumption. Probably it is here that financial products like Gold ETFs can offer a win–win solution to both the investor and the government. This paper tries to locate on a macro level as to the factors that can ensure the success of gold ETFs in India
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DOI : 10.36106/ijar
Cite This Article:
C.R. Shiv Kumaran, Dr. (Mrs.) A. Kumudha INDIA AND GOLD ETF– AN HISTORICAL REPORT Indian Journal of Applied Research, Vol.6, Issue : 5 MAY 2016
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C.R. Shiv Kumaran, Dr. (Mrs.) A. Kumudha INDIA AND GOLD ETF– AN HISTORICAL REPORT Indian Journal of Applied Research, Vol.6, Issue : 5 MAY 2016
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