#MuskAmericaParty A Gold ETF (Exchange-Traded Fund) is a type of investment fund that tracks the price of gold and is traded on stock exchanges, just like individual stocks. Here's a quick overview:
✅ What Is a Gold ETF?
Backed by physical gold or futures: Most gold ETFs hold physical gold in vaults, while some track gold futures.
Traded like a stock: You can buy and sell it during market hours.
Denominated in small units: Makes it easier for investors to get exposure to gold without buying physical bars or coins.
🟡 Popular Gold ETFs (Examples)
SPDR Gold Shares (GLD) – One of the largest and most liquid gold ETFs globally.
iShares Gold Trust (IAU)
Nippon India Gold ETF (India)
HDFC Gold ETF (India)
📊 Benefits
No storage hassle: No need to keep physical