5 advantages of investing in Gold ETFs

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ETFs for physical gold are just units that can be purchased in a dematerialized form. Gold ETFs are listed and traded on the NSE/BSE like corporate stocks

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You possess the monetary equivalent of the price of gold when you invest in gold ETFs rather than actual gold itself

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Using a Demat account, you can purchase and sell Gold ETFs on the BSE or NSE for as little as one unit

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Investors can choose between making a lump sum or SIP investment in yellow metal through such an offering

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The first benefit of investing in gold ETFs is that you won't have to deal with storage issues or worry about theft

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There is no need for a locker because Gold ETF units are held in Demat form, which ensures the security of your holdings

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as Gold ETFs are governed entities, an investor should not be concerned about the holdings' purity

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there are no additional fees or expenditures associated with acquiring Gold ETF units

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while purchasing or selling gold in the form of Gold ETFs, there is complete transparency on the price

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Investors can begin investing in Gold ETF for as little as Rs. 45, which is the cost of 1 unit of the ICICI Prudential Gold ETF

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