What are Gold ETFs.

[Min George]

Gold ETFs seems to have been around for quite a while. I know most people are used to physical gold. What the is Gold ETFs? Can someone also invest in it like they also get to invest in physical gold?

 

[Suba]

Gold ETF is no different from Bitcoin ETF is a type of investment that combines mutual funds and stock markets, so that Gold ETF can be traded in the stock market. How it works: Platfrom ETF gold buys gold or gold futures contracts and then issue shares according to the amount they have, so you or investors can buy ETF gold shares and you will get exposure to the movement of gold prices.

 

[riberet19]

Gold ETFs are nothing more than a type of contract that allows you to acquire gold managed by a financial institution, just like Bitcoin ETFs or other assets.