Procedure for Opening an ETF Account
Gold the evergreen asset is once again being sought as a safe haven by human beings and governments alike in the face of the recent global economic turbulence. Holding gold in its physical form has many drawbacks that are making alternatives like gold mutual funds, gold ETFs, etc well loved. Gold Exchange Traded Funds are open-finished gold funds listed on stock exchanges. They try to track the value of physical gold. Each unit of the fund bought corresponds to approximately 1 gram of gold. Like shares they can be bought and sold on the exchange.
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