Gold ETFs Explained

Gold ETFs (Exchange-Traded Funds) are financial products that allow investors to gain exposure to gold without physically owning the metal. These funds hold gold in various forms, such as bullion or gold futures contracts, and track the price of gold. Gold ETFs are traded on stock exchanges, providing investors with liquidity and flexibility. They are a convenient way to invest in gold, offering the benefits of diversification and hedging against inflation. Unlike physical gold, investors do not need to worry about storage or security, making Gold ETFs an attractive choice for many.