Gold funds or ETFs? Which one to choose this Dhanteras?
Dhanteras, a significant part of Diwali festivities, is traditionally associated with purchasing gold, symbolizing wealth and prosperity. While buying physical gold remains a popular option, many investors now seek to invest in gold through financial instruments such as gold funds or gold exchange-traded funds (ETFs). These investment options offer exposure to the precious metal without the hassle of buying physical gold.
But with both choices available, the question arises: which one should you choose this Dhanteras?
Gold ETFs offer greater liquidity, lower costs, better security than trading physical gold, and can be bought and sold with a single click without any hassle.
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
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“Overall, gold ETFs offer greater liquidity, lower costs, guaranteed purity and better security than trading physical gold. Since ETFs are traded on stock exchanges like shares, gold ETFs provide greater liquidity compared to physical gold, enabling you to buy and sell gold on a click on a without the hassle of handling physical gold. Additionally, you can invest as low as Rs 20 in gold through gold ETF which is not possible if you choose to buy physical gold,” said Shruti Jain, Chief Strategy Officer, Arihant Capital Markets.
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