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Gold price sparkles on NSE despite low activity

Nairobi Securities Exchange (NSE) trading floor. (Photo: Courtesy)

The newly launched gold-backed Exchange Traded Funds (ETF) on the Nairobi bourse has made a slow start despite a gain in price.

Daily data from Nairobi Securities Exchange (NSE) shows despite 900 units worth Sh1.1 million trading on the launch date, March 27, activities have been low as investors continue to understand the working of the ETF.

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