Out of the many precious metals, Gold is one of the most popular and most preferred investment option since decades. Even during uncertainties and various economic crises Gold has been considered to be more stable than any other asset class.
Purchase and storage of Gold in physical form has its share of liabilities and limitations like; its purity, applicability of making charges, tax liability, easy liquidity, safe storage, etc. However, by investing in a Gold ETF, one need not worry about any such issues.
Gold ETF is a financial product representing physical Gold. It is transacted in paper / electronic form only and can be stored in your regular Demat account. Since it is listed on the Stock Exchanges, it can be bought or sold from the stock market just like any equity share. Some of its important features are listed below for a lay man to understand the benefit of investing in Gold ETF;