A STUDY ON AWARENESS AND PREFERENCE FOR GOLD AND GOLD DERIVED SECURITIES WITH REFERENCE TO GOLD ETFs

Authors

  • Dr.Susanta Kumar Mishra, Dr.Arka Kumar Das Mohapatra

Abstract

Gold is amongst the most precious metals traded worldwide. In India peoples interest in Gold dates back to
centuries. People love to hold for various reasons. Gold is held in various formats like Gold Bars, Gold Coins
and Gold Jewellery.The reasons for buying Gold and holding it are many. Some prefer to use it in Jewellery
form where as some others use it for investment purposes. It also acts to beat the inflation as we can see from
the past that the price of Gold generally rises and does not fall as often. During the recent economic slowdown
arising out of the COVID-19 Pandemic where most of the economic indicators have shown negative figures
Gold has shown positive rate of return. This gives an indication that it is wise for the investor to invest a part of
his funds in the Gold and other Gold based securities in order to diversify the portfolio and as a result minimize
the risk and maximize the returns.
The popularity of Gold has led to the advent of a number of Gold based Securities. The objective of introducing
these new varieties of Gold derived securities is to minimize the risk associated with the holding of physical
gold. The objective of the paper is to study the awareness among the various sections of the society about the
various types of gold based securities available in the market and their preference. The study further examines
the investors awareness about various schemes of Gold ETFs available in the Market.

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Published

2020-12-01

How to Cite

Dr.Susanta Kumar Mishra, Dr.Arka Kumar Das Mohapatra. (2020). A STUDY ON AWARENESS AND PREFERENCE FOR GOLD AND GOLD DERIVED SECURITIES WITH REFERENCE TO GOLD ETFs. International Journal of Modern Agriculture, 9(4), 38 - 48. Retrieved from https://modern-journals.com/index.php/ijma/article/view/181

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