How can I invest in Gold ETFS? Is it a good option to invest in Gold ETFs?

Question

How can I invest in Gold ETFS? Is it a good option to invest in Gold ETFs?

Answer 1

This exchange trade fund, symbol GLD, tracks the price of gold as a commodity and not gold and gold mining income.  It is an excellent inflation hedge.  You can buy it over the New York Exchange under symbol GLD.

Answer 2

Some like them. Myself, I prefer Gold related stocks such as mining equities. Less volatile and I don't care for mitigated returns chosen by someone else's basket.

Answer 3

Friend,

You can invest in Gold ETF by buying the unitis using tdading account. Unit of a Gold ETF price will be equal to 1 gram physical gold. This is trading like any other share in the stock market.

Open a trading account and start buying the Gold ETF.

Certainly, investing in gold is a correct decision and this is the best investment to hedge against inflation. Go ahead and start invest in gold.

Does this make sense

Answer 4

Check out http://invest-logic.blogspot.com

for detailed report on Gold trading and Gold ETFs

Answer 5

As it is exxchange traded you have to have a DMAT account.

Most of the other conditions are just like a mutual fund. It is considered a good investment option if you have long term investment objective. It solely depends on the movement of gold rate.

good luck !

Answer 6

Investing in ETFs is very similar to trading in stocks.  The ETFs are traded on the stock exchanges and you can buy them just like buying any stock.  This will be held in dematerialized form in your demat account.

Since the commodities are on a spree now, it is a good investment option now.;