Gold Exchange-Traded Funds

The Gold Exchange-Traded Funds are traded as any other shares, on several trade exchanges around the world. The Gold Exchange-Traded Funds are backed by a physical gold, so if there are new investments into gold ETF, the fund must buy the corresponding amount of physical gold. Gold Exchange-Traded Funds have become very popular lately as the price of gold continue to rise, because they offer a convenient way to invest in gold without taking physical position of the gold. The gold ETFs charge yearly storage, insurance and maintenance fees.