How Do You Buy ETF Gold Shares?
ETF gold shares are an exchange-traded fund, an investment vehicle that is structured like a mutual fund, but is traded like a single-company stock. Trading under the symbol GLD, gold shares represent an investment trust whose primary asset is gold. The trust is designed to track the movement of the price of its underlying commodity. It is sponsored by World Gold Trust Services, LLC. The trust was developed to allow investors to participate in the gold bullion market without physically trading the precious metal. Step 1 Consider your current financial status. Make sure that investing in ETF gold shares meets your investment objectives. Establish an account with a brokerage firm and deposit funds into your account. Step 2 Request a prospectus. Contact your broker or call State Street Global Advisors directly by phone (1-866-320-4053,) or via mail at State Street Global Markets, LLC, One Lincoln Street, Attn: SPDR Gold, 30th Floor, Boston, MA 02111. You may also obtain information online
