If you want exposure to gold in your portfolio, one option you have is to invest in gold-backed exchange traded funds (ETFs).
So how do these ETFs work? And what should you look at if you want to invest in such an ETF?
Let's take a closer look…
How a gold-backed ETF works
Gold-backed ETFs are ETFs you can buy that give you exposure to physical gold.
The prov... ››› more
Holding a minimum of 5% of your portfolio in physical gold is a great way to add diversification to your portfolio.
If you want to buy physical gold, but don't want to look after it yourself, one option you have is investing in a gold exchange traded fund (ETF).
So how do these ETFs work? And how can you invest in them?
Read on to find out…
How gold ETFs work
If you’re lookin... ››› more
When it comes to the gold price, India calls the shots.
You see, the world's second largest population demands the metal more than most countries.
Just take a look at how much gold they've hoarded...
India owns about 34,170 tons of gold and the estimated gold mined throughout all of history is just 167,550 tons.
In other words, India owns 20% of all the gold ever produced.
And its a... ››› more
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