{"id":8699,"date":"2010-02-24T04:08:09","date_gmt":"2010-02-24T04:08:09","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/?p=8699"},"modified":"2010-02-24T04:08:40","modified_gmt":"2010-02-24T04:08:40","slug":"gold-exchange-traded-funds-etf","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/gold-exchange-traded-funds-etf\/","title":{"rendered":"Gold Exchange Traded Funds (ETF)"},"content":{"rendered":"<p>Gold ETF units are just like units of a mutual fund. They are listed on the stock exchange and traded just like equity shares. Units of Gold ETF can be bought and sold just like how units of equity shares can be bought and sold through a stock exchange. Just like a single unit in shares represents 1 equity share; similarly in gold ETF\u2019s one unit represents one gram of gold. At the current prices of gold at Rs 17,000 one gold ETF unit (1 gram) will entail an investment of Rs 1700. While the minimum quantity that can be bought and sold is one unit (1 gram); the maximum number of units that can be traded depends on the paying capacity of the person.<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-ETF.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-ETF-150x150.png?resize=150%2C150\" alt=\"Gold ETF\" title=\"Gold ETF\" width=\"150\" height=\"150\" class=\"alignright size-thumbnail wp-image-8700\" srcset=\"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-ETF.png?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-ETF.png?resize=120%2C120&amp;ssl=1 120w, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-ETF.png?zoom=2&amp;resize=150%2C150&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-ETF.png?zoom=3&amp;resize=150%2C150&amp;ssl=1 450w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>Buying of gold ETF units gives the person exposure to pure gold. All the units of gold ETF mutual fund that are traded on the stock exchange are backed by purchase of physical gold by the mutual fund that has launched the ETF. The gold ETF mutual fund invests in standard gold bullion (99.5% purity). The price of a unit of gold ETF tracks the price of gold in the international market. By holding the gold ETF units in his demat account, the investor can benefit from the rise in the price of gold. As the price of gold rises in the international market the value of the gold ETF units also increases. The investor can later sell the units very easily at a higher price than what he bought them for, just like selling shares and book profits. So the price of a unit of gold ETF moves in the same direction as the price of gold in the international market.<\/p>\n<p>Source : Email<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold ETF units are just like units of a mutual fund. They are listed on the stock exchange and traded just like equity shares. Units of Gold ETF can be bought and sold just like how units of equity shares can be bought and sold through a stock exchange. Just like a single unit in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1310],"tags":[],"class_list":{"0":"post-8699","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-guides","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/Gold-ETF-150x150.png?fit=150%2C150&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8703,"url":"https:\/\/www.amitbhawani.com\/blog\/demat-trading-of-gold-etf-units\/","url_meta":{"origin":8699,"position":0},"title":"Demat Trading of Gold ETF Units","author":"Amit Bhawani","date":"February 24, 2010","format":false,"excerpt":"Since gold ETF\u2019s are bought and sold through a stock exchange; dealing in gold ETF\u2019s requires a demat account. If a person already has a demat account for equity share trading then he can use the same demat account for buying of gold ETF units. A person who does not\u2026","rel":"","context":"In &quot;Ultimate Guides&quot;","block_context":{"text":"Ultimate Guides","link":"https:\/\/www.amitbhawani.com\/blog\/category\/guides\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8697,"url":"https:\/\/www.amitbhawani.com\/blog\/investing-in-gold-the-etf-way\/","url_meta":{"origin":8699,"position":1},"title":"Investing in Gold the ETF Way","author":"Amit Bhawani","date":"February 24, 2010","format":false,"excerpt":"Introduction Arjun is a worried father these days. His daughter\u2019s wedding is planned in the next 6 months. Over the last 2 years or so gold prices have soared from near about Rs 10,000 per 10 grams levels to Rs 17000+ levels. This frenetic rise in the prices of gold\u2026","rel":"","context":"In &quot;Ultimate Guides&quot;","block_context":{"text":"Ultimate Guides","link":"https:\/\/www.amitbhawani.com\/blog\/category\/guides\/"},"img":{"alt_text":"Gold Investment ETF","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-Investment-ETF-150x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8705,"url":"https:\/\/www.amitbhawani.com\/blog\/physical-gold-buying-vs-gold-etf\/","url_meta":{"origin":8699,"position":2},"title":"Physical Gold Buying V\/s Gold ETF","author":"Amit Bhawani","date":"February 24, 2010","format":false,"excerpt":"Since years people have been buying gold the traditional way in the form of jewellery or gold biscuits and coins. Then the natural question that will come to ones mind will be why should I buy gold through gold ETF units in demat (electronic) format. Taking the delivery of gold\u2026","rel":"","context":"In &quot;Ultimate Guides&quot;","block_context":{"text":"Ultimate Guides","link":"https:\/\/www.amitbhawani.com\/blog\/category\/guides\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8707,"url":"https:\/\/www.amitbhawani.com\/blog\/taxation-of-gold-etf\/","url_meta":{"origin":8699,"position":3},"title":"Taxation of Gold ETF\u2019s","author":"Amit Bhawani","date":"February 24, 2010","format":false,"excerpt":"Gold ETF\u2019s are treated as non-equity mutual funds. The taxation of returns depends on the holding period of the gold ETF units. If the gold ETF units are held for less than 12 months then the gains are taxed as short term capital gains. So in this case the returns\u2026","rel":"","context":"In &quot;Ultimate Guides&quot;","block_context":{"text":"Ultimate Guides","link":"https:\/\/www.amitbhawani.com\/blog\/category\/guides\/"},"img":{"alt_text":"Gold Etf Tax","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-Etf-Tax-300x198.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":13490,"url":"https:\/\/www.amitbhawani.com\/blog\/sell-blog-advertisement-space-blogads-ad-units\/","url_meta":{"origin":8699,"position":4},"title":"Sell your Blog Advertisement Space with BlogAds Ad Units","author":"Tony Stark","date":"August 25, 2010","format":false,"excerpt":"We have been using the blogads.com service from years and the only drawback with their service till now was the limitation of the Ad size units which was mostly vertical ad banners with text support. This was not only a limitation to the publishers but also to the advertisers who\u2026","rel":"","context":"In &quot;Make Money Online&quot;","block_context":{"text":"Make Money Online","link":"https:\/\/www.amitbhawani.com\/blog\/category\/make-money-online\/"},"img":{"alt_text":"blogads logo","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/08\/blogads-logo.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6283,"url":"https:\/\/www.amitbhawani.com\/blog\/make-money-by-buying-selling-shares-online\/","url_meta":{"origin":8699,"position":5},"title":"Make Money by Buying &#038; Selling Shares Online","author":"Amit Bhawani","date":"October 21, 2009","format":false,"excerpt":"We have been educating our visitors with all the different ways of make money online and here comes one more which has been my second best income maker after web development which consists of SEO consultancy, blogging, web hosting etc. There are basically two ways to make money through this\u2026","rel":"","context":"In &quot;Ultimate Guides&quot;","block_context":{"text":"Ultimate Guides","link":"https:\/\/www.amitbhawani.com\/blog\/category\/guides\/"},"img":{"alt_text":"Buy Sell Shares","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2009\/10\/Buy-Sell-Shares-Make-Money-150x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/8699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/comments?post=8699"}],"version-history":[{"count":0,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/8699\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media\/19637"}],"wp:attachment":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media?parent=8699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/categories?post=8699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/tags?post=8699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}