It is a well-known fact that Indians are one of the world’s largest consumers of gold. Gold is regarded as a solid investment.
However, with the passage of time, people have adopted a more modern outlook to investing in gold. Gold is a safe investment choice and investors can invest in either a gold mutual fund or a gold exchange traded fund.
Investment in Gold ETFs
Physical gold investment is one of the option for gold investments. A gold ETF is a kind of exchange traded fund used as an option to replace physical gold. Gold ETFs are funds that invest in physical gold and gold related instruments and depend on gold prices. Gold ETFs invest in gold bullion, which is the same as holding the gold. They are ideal for investors looking to use gold as an investment option rather than for personal use. As compared to physical gold investments, ETFs have lower expenses on account of their unique structure and creation process.