The National Stock Exchange [NSE] has decided to have an extended trading session for gold exchange traded funds, after trading concludes in the cash and derivative segments at 3.30 pm, on the 24th of April. . While trading can be done on gold ETF’s in the normal market hours from 9.15 am to 3.30 pm, trading in gold ETF’S will resume at 4.30 pm on April 24th and will continue till 8 pm, to give an opportunity to investors to invest in the yellow metal till late in the evening. There will be no transaction charges for trading in Gold ETF’s , on that day.

Trading in the other segments will continue in the normal market hours on Tuesday ( 24th April).

The year on year growth in Gold ETF’s on Akshaya Tritiya has been a high 145% from 2010 to 2011, because the gross traded value in Gold ETF’s has gone up from 345 crores to 846 crores in this period. CAGR since 2007 has been even more significant at 189 per cent, for Akshaya Tritiya. ( NSE data) Last year too, the exchange had extended the trading hours for trading in Gold ETF’s.

Gold ETF’s have seen phenomenal growth on NSE , since they were launched in 2007. From a traded value of 1172 crores in 2008 9, the value increased to 11,532 crores in 2011- 12, an 883 percentage growth.

Tags: Gold Exchange nse, nse bse gold exchanged traded fund, nse today timing

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