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What are Gold BeES?

April 26, 2017bees gold

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What are Gold BeES?

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Gold BeES stand for Gold Benchmark Exchange Traded Scheme. Gold BeES are intended to offer investors a means of participating in the gold bullion market without the necessity of taking physical delivery of gold, and to buy and sell that participation through the trading of a security on National stock exchange. Gold BeES is designed to provide returns that, before expenses, closely correspond to the returns provided by physical Gold. Each unit is approximately equal to the price of 1 gram of Gold.