“Remember, these are fairly new products and many investors are still discovering them,” he said.
A trend that emerged in India seems supportive of Brooks' argument. During the Diwali holiday season in November, which is considered an auspicious period for gold, ETF investments soared. Both the National Stock Exchange of India and the Bombay Stock Exchange held special Sunday sessions to facilitate trading of gold ETFs.
Securities Disclosure: I, Michelle Smith, do not hold equity interests in any companies mentioned in this article.Gold: King of Commodity ETFs in 2012 from Gold Investing News