Why Gold ETF continues to be a wise investment option

Gold has held its own over millennia as a store of value. Given its liquidity, the precious metal can easily be sold and converted into cash. Today, with the proliferation of smartphones and plummeting cost of broadband, investors can invest in the electronic form of the yellow metal called the Gold ETF. With a few taps, retail investors can purchase one unit of the ETF which is equivalent to one gram of gold.
One of the lures of Gold ETF is that one need not worry about storing physical gold in a bank locker or at home, in a safe. It’s easy to trade over any demat account that one may have where stocks and shares of companies are listed. If you consider gold to be an investment instrument that will bring in some much-needed diversification in your investment portfolio, consider investing in Gold ETFs for the long run.

Moneycontrol journalists were not involved in the creation of the article