What are Gold ETFs?
Gold ETFs are units representing physical gold, which may be in paper or dematerialized form. These units are traded on the exchange like a single stock of any company.
To keep gold as part of your portfolio, invest in Gold ETFs
To accumulate Gold for social obligations, buy a Gold ETF and you can sell them to purchase jewellery or other forms of gold when you desire.
Price approximately equal to one gram of Gold
Backed by physical Gold holdings of 0.995 purity
No wealth Tax
Long term capital gains for one year
No storage issue and fear of threat
Near wholesale price for buying and selling even one unit compared to huge premium for buying small amounts and physical gold.
Listed and traded on the NSE with a minimum lot size of 1