Gold mutual fund

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Gold mutual fund

A mutual fund that primarily invests in gold-mining companies' stock.

Gold Mutual Fund

A mutual fund or other investment company that invests predominantly or exclusively in securities related to gold. For example, it may invest in futures contracts or options in gold itself or in stock in gold mining companies. See also: Precious Metals Fund.
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Gold mining stocks, gold mutual funds, and gold mining ETFs provide investments in gold but with limited investments in physical gold bullion.
On May 28, the Reserve Bank of India (RBI) had barred banks and non-banking finance companies from extending loans against units of gold exchange-traded funds (ETFs) and gold mutual funds.
THE Reserve Bank of India ( RBI) has barred banks from giving loans against units of gold exchange- traded funds ( ETFs) and gold mutual funds.
On Monday, the central bank said that commercial banks in the nation would not be allowed to provide loans against units of gold exchange-traded funds (ETFs) and gold mutual funds.
However, no advance can be given by a bank for purchase of gold in any form, as well as for purchase of gold exchange traded funds and units of gold mutual funds.
Tocqueville manages one of the most successful and award winning gold mutual funds in the US (Tocqueville Gold Fund) which has consistently delivered top quartile performance since 1998.
It also gives practical, specific advice such as why gold bullion, gold stocks, gold mutual funds and gold coins offer a unique "one-way leverage" - along with recommendations on which ones are good investments.
Certain affiliates of Bexil are engaged in stock market and gold investing through investment management of equity and gold mutual funds and closed end funds.
4 /PRNewswire/ -- The stock market's recent turmoil sent many investors scurrying into gold mutual funds, but only briefly.
After experiencing heavy withdrawals over most of the previous 12 months, several gold mutual funds report substantial fresh investments for November.
ADVANCE/ NEW YORK, April 18 /PRNewswire/ -- Excited by 20 percent- plus gains in gold-mining shares, small investors are pouring four times as much money into gold mutual funds as they did earlier in the year, according to data gathered for Money magazine's Small Investor Index.
Incorporated is engaged through subsidiaries in stock market and gold investing through its investment management of equity and gold mutual funds.