An ETF is an Exchange Traded Fund, meaning it is traded on the major stock exchanges similar to stocks.
They enable investors to gain broad exposure to indices or defined underlying asset (commodity) with relative case, on a real-time basis, and at a lower cost than any other forms of investing.
Gold ETFs provides investors a means of participating in the gold bullion market without the necessity of taking physical delivery of gold, and to buy and sell that participation through the trading of a security on stock exchanges.
Gold ETF would be a passive investment; so, when gold prices move up, the ETF appreciates and when gold prices move down, the ETF loses its value. It tracks the performance of Gold Bullion.
Gold ETF would be a passive investment; so, when gold prices move up, the ETF appreciates and when gold prices move down, the ETF loses its value. It tracks the performance of Gold Bullion.
Some of the gold ETFs available in India:
1. Gold Benchmark ETF (GOLDBEES.NS)
2. Kotak Gold ETF (KOTAKGOLD.NS)
3. Quantum Gold ETF (QGOLDHALF.NS)
4. Reliance Gold ETF (RELGOLD.NS)
5. SBI Gold ETF (SBIGETS.NS)
6. UTI Gold ETF (GOLDSHARE.NS)
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