Gold ETF is a kind of financial product for representing the underlying gold assets that are listed on a stock exchange.
Gold – the most secured investment
Since decades, gold has been a safe and secured heaven for all types of investors. Gold can be termed as the most popular precious metals in India. Gold possesses the quality of being stable during any kind of uncertainties or emergencies in the market.
What is Gold ETF?
Most of the investors are aware about ETF, Exchange Traded Funds. Let us first understand what the features of gold ETF are before going through its procedure. With gold ETF, you can participate in the gold market without much difficulty. The gold ETFs are primarily designed to provide the ease to the investors for trading in the gold market. Being an investor of gold ETFs, you may have an access to the gold market in a simplistic, cost-effective and secured manner. In return, you will be provided with an amount equivalent to the fluctuations in the prices of gold assets. A nominal amount of management fees will be deducted from this return which are lower than the expenses incurred in purchasing, saving and insuring your gold ornaments.
Invest in Gold ETF – Save Money
Apart from tapping the potential of gold assets, these funds help you in the removal of jewelry making charges and the risks involved in storage of gold ornaments. In short, you can avoid the risks of your favourite jewelry being stolen. You may also save the expenses and efforts of opening bank locker accounts. You can easily purchase or sell gold ETFs. Moreover, these are tax efficient. So, that’s cherry on the cake! Why not invest in paper jewelry i.e. Gold ETFs from today itself.
Get Set Ready for Investing in Gold ETF Online
For investing in gold ETF, you must open a demat account as well as a trading account with an online account. The main documentation needed for opening demat and trading account is: Your PAN card, proof of identity and proof of your residence. Don’t forget to keep these documents ready.
When your account is ready, you need to select the appropriate gold ETF. You may enhance your knowledge about the available gold ETFs by surfing the trading portal or contacting your broker. Later, just place an order online from the trading portal of your broker. Your orders are sent to the stock exchange. At this stage, the purchase and sell orders are matched along with the relevant details. When the details are in proper order, your order gets executed successfully. A confirmation of your order is sent to your email address as provided. This seems to be as simple as online shopping!
Another advantage of trading gold ETFs online is that you can track your investment values that are available in real time. Whenever you feel like accessing your gold investment details, it is just a few clicks away!
You are provided with the best platform for trading in gold ETFs online. These are extremely liquid, available in electronic form and you will be least worried about the impurities involved.
