What are gold ETF funds?
Unlike mutual funds, gold ETF funds allow you to invest in gold itself. Gold ETF Funds buy gold and in exchange for such gold deposits the gold ETF funds issue shares in baskets. The purpose of gold etf funds is for its shares to mirror the price performance of gold bullion. Therefore, if the price of gold bullion goes up 10%, the gold etf funds share price would also go up 10%. These gold ETF funds allow investors to invest in the gold market buy buying securities as opposed to purchasing phyical gold bullion. Why gold ETF Funds are an efficient way to buy gold? Buying gold bullion presents many costs that make it difficult for the average investor to purchase gold bullion. If you buy gold bullion yourself, you will have to deal with the logistics of buying gold bullion, the storage of gold bullion, insuring your gold bullion, and the cost to eventually sell it. These high costs in buying gold bullion often prevent people for investing in gold. However, gold etf funds solve this barri
