which is the Gold ETF now a days? 2008/8/17 SANJAY VAIDYA <[EMAIL PROTECTED]> Hello, As I understand Gold ETF is a mutual fund scheme which invests in only Gold. Its units are listed on stock exchange and traded regularly. The price per unit keeps on changing as per the international price of gold. It does not have an expirty. You can continue to hold units in demat account as long as the fund is in existence. There are no security concerns since the funds are backed by actual gold. In case if you are looking at Gold as one more investment avenue, it is the best thing to invest in Gold Exchange Traded Fund (ETF). You have the advantage of investing in gold without the botheration of quality of gold or storage problem. There are no deductions when you want to resale gold bonds unlike physical gold. These units/bonds are kept in demat account and no worry of physical storage of gold. You can safely consider investing in gold ETF. Price is assured to move alongwith international price of gold. Happy investing. Sanjay Vaidya
On 8/13/08, Ranjeeth Kakliya <[EMAIL PROTECTED]> wrote: Hello all, Can anybody highlight Gold ETF. How does it work? Does it have expiry? Security Concerns? Other issues both Pros and Cons.. Thank You Regards Ranjeeth -- --Alok Gupta +971 55 910 8359 +974 650 3373 +91 9889267614 -- Posted By Ronald Chisley to Investor Forums at 8/17/2008 06:49:00 PM --~--~---------~--~----~------------~-------~--~----~ Logon at – http://investorline.co.in/blogs/news Learning Center- http://investorline.co.in/blogs/learning Mutual funds - http://investorline.co.in/blogs/mutualfunds Life Insurance - http://investorline.co.in/blogs/lifeinsurance Investor Journal - http://investorline.co.in/blogs/investor Latest News - http://investorline.co.in/blogger/?q=aggregator/categories/ Create your own Forum & Blog at - http://investorline.co.in/blogger To post to this group, send email to [email protected] Visit this group at-http://groups.google.com/group/investor-forums?hl=en -~----------~----~----~----~------~----~------~--~---
