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Birla Starts Gold-Backed Fund in India to Lure Bullion Investors
Apr. 25, 2011 05:20PM PST
Precious Metals InvestingBloomberg reported that a new gold-backed ETF is now available in India.
Bloomberg reported that a new gold-backed ETF is now available in India.
The market news is quoted as saying:
The plan will close on May 9 and the money raised will be invested in gold with 99.5 percent purity sourced from refineries approved by the London Bullion Market Association.
