SEOUL, March 19 (Korea Bizwire) — Gold funds in South Korea have posted dismal returns over the past month amid falling gold prices due to the coronavirus scare, data showed Thursday. Local gold funds with assets of 1 billion won (US$796,000) or more registered an average return of minus 12.45 percent over the last one-month [...]
SEOUL, Dec. 14 (Korea Bizwire) — Gold funds in South Korea have fared poorly over the past months ahead of a U.S. interest rate decision, a market tracker said Thursday. Those funds chalked up an average return of minus 11.6 percent over the three months to Tuesday, the worst performer among local investment funds worth [...]
SEOUL, Aug. 24 (Korea Bizwire) — Gold-related funds in South Korea have posted stellar returns over the past month, data showed Thursday, as geopolitical risks chilled the stock market and stoked investors’ flight to safety. Those funds posted an average return of 3.49 percent in the month to Wednesday, the top performer among local investment [...]