Is the rally in gold mutual funds over? Not yet, say experts

This post was originally published on this site

Gold fund returns have been going down in the last two months as gold prices are on a descending path around the globe. Gold futures dipped in the opening trade on Thursday as dollar spiked on fear of rising Covid-19 cases in Europe and the US. After a terrific run to around 60% returns in one year a few months ago, gold funds are currently offering 29.40% returns in one year, -3.00% returns in three months and 2.76% in one month.Gold futures on