gold-etfs-delivered-a-35%-return-in-one-year:invest-in-gold-with-less-money-through-this-option;-know-the-key-details

Investors are increasingly finding gold an attractive investment. In August, investment in gold ETFs rose to ₹2,596 crore from ₹1,558 crore in July. Gold ETFs have delivered returns of more than 35% over the past year. Chris Wood, Jefferies’ global head of equity strategy, believes gold prices could continue to rise. So, if you are planning to invest in gold, you can do so through gold ETFs. What are gold ETFs? Exchange-traded funds are based on fluctuations in gold prices. Gold ETFs can be bought and sold on the BSE and NSE, just like shares. However, you do not receive physical gold.
When you choose to exit, you will receive an amount equivalent to the prevailing price of gold at that time. How can you invest in it? To buy gold ETFs, you need to open a demat account through your broker. You can purchase units of gold ETFs available on the NSE, and the corresponding amount will be deducted from the bank account linked to your demat account.
The gold ETF units are deposited into your demat account two days after you place the order. Gold ETFs can be sold only through a trading account. Limited investment in gold is beneficial According to experts, even if you prefer investing in gold, you should keep your investment in it limited. Only 10 to 15% of your total portfolio should be invested in gold. During a crisis, investment in gold can provide stability to your portfolio.