What is Paper Gold?
What is GOLD ETF?
What is Gold Fund of Funds?
Expenses for investor on ‘GOLD ETF’ and ‘Gold Fund of Funds’?
Which one should I buy ‘GOLD ETF’ and ‘Gold Fund of Funds’?
What is GOLDEX?
GOLDEX is the code to buy a Demat Gold (Gold ETF) on the ICICIDirect.com website. Even though it is a Gold Mutual Fund, you can buy it from the stock exchanges as shares. Each unit of Gold ETF represent 1 gram of gold price.
Here are the popular codes for some Gold ETFs -
1. Benchmark Gold ETF – GOLDEX
2. Reliance Gold ETF – RELGOL
3. Kotak Gold ETF – KOTGOL
4. UTI Gold ETF – GOLDSHARE
Source – economictimes.com