1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

The Best Gold Exchange Traded Fund or Gold ETF To Invest in 2017

Discussion in 'Technical Analysis' started by shabbir, Mar 5, 2017.

  1. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    I am all biased towards investment in equity but Gold ETFs can be considered as an asset class in 2017 for diversification for not so aggressive investor.

    Continue reading...
     
    shabbir, Mar 5, 2017
    Share #1
  2. shreeux

    shreeux Member

    Joined:
    Sep 7, 2016
    Messages:
    19
    Likes Received:
    9
    I have physical gold not used many years...Can I sold and buy ETF instead hold physical. In this scenario any other disadvantage.?
     
    shreeux, Mar 5, 2017
    Share #2
  3. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    Yes why not. When you don't plan to use gold better hold in etc format

    Sent from my 504Q+ using DIY Technical Analysis mobile app
     
    nirajshah, Mar 5, 2017
    Share #3
  4. shreeux

    shreeux Member

    Joined:
    Sep 7, 2016
    Messages:
    19
    Likes Received:
    9
    What about Sovereign Gold Bond ?
    They give Interest @2.5% pa
    Any difference?

    [​IMG]
     
    shreeux, Mar 5, 2017
    Share #4
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    2.5% is nothing actually and is marketing gimmick
     
    shabbir, Mar 5, 2017
    Share #5
  6. shreeux

    shreeux Member

    Joined:
    Sep 7, 2016
    Messages:
    19
    Likes Received:
    9
    So, Instead of my physical gold switch to ETF is the better way?
     
    shreeux, Mar 5, 2017
    Share #6
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Yup provided you don't intend to use the gold in future and is solely for investment purpose.
     
    shabbir, Mar 6, 2017
    Share #7