What is Gold ETF? — Meaning, Definition & Example
Definition
Gold ETF is an exchange-traded fund that tracks the domestic price of gold. Each unit typically represents 1 gram of 99.5% pure gold. Gold ETFs trade on NSE/BSE like stocks and require a demat account. They have lower expense ratios than gold mutual funds.
Instead of buying physical gold at a jeweller (with 3% GST + making charges), buy Gold ETF at just 0.5% expense ratio — no storage risk.
🇮🇳 Gold ETF in Hindi / हिंदी में
गोल्ड ETF — गोल्ड ETF एक एक्सचेंज-ट्रेडेड फंड है जो घरेलू सोने की कीमत को ट्रैक करता है। प्रत्येक यूनिट आमतौर पर 1 ग्राम 99.5% शुद्ध सोने का प्रतिनिधित्व करती है।
Gold ETF (Hinglish) — Gold ETF ek exchange-traded fund hai jo domestic gold price track karta hai. Har unit 1 gram pure gold represent karti hai. Demat account chahiye. Physical gold se sasta hai.