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Gold prices at record high. Should you invest in Gold ETFs?

Updated : August 27, 2019 02:43 PM IST

Gold ETFs have become the safe haven asset class for investors after equities went for a toll in last few months. 
According to recent data from the World Gold Council (WGC), globally investors poured about $2.6 billion into gold-backed ETFs in July.
Gold ETFs started to rise in April this year after US-China trade escalated pushing investors to move towards a safe investments like gold. Further global trade tensions and depreciating rupee triggered gold prices to jump on the back of intense volatility.
Gold prices at record high. Should you invest in Gold ETFs?
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