{"id":8703,"date":"2010-02-24T04:09:33","date_gmt":"2010-02-24T04:09:33","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/?p=8703"},"modified":"2010-02-24T04:09:33","modified_gmt":"2010-02-24T04:09:33","slug":"demat-trading-of-gold-etf-units","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/demat-trading-of-gold-etf-units\/","title":{"rendered":"Demat Trading of Gold ETF Units"},"content":{"rendered":"<p>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 have a demat account, first needs to open a demat account before he can start buying gold ETF\u2019s. A demat account can be opened through any of the stock brokers by submitting a duly filled account opening application form along with KYC (Know Your Customer) documents as per SEBI guidelines.<\/p>\n<p><a href=\"https:\/\/www.amitbhawani.com\/blog\/gold-exchange-traded-funds-etf\/\">Gold Exchange Traded Funds (ETF)<\/a><\/p>\n<p>Once the demat account is opened a person can start accumulating gold ETF units on a monthly basis or as per his \/ her convenience. For every order the minimum quantity is one unit (representing one gram) and maximum depends on the paying capacity of the person. Since the delivery of gold ETF units is taken in the demat account (Electronic format), the investor is saved from the hassle of taking physical delivery of gold. Source &#8211; Email<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 have a demat account, first [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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-8703","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-guides","7":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8699,"url":"https:\/\/www.amitbhawani.com\/blog\/gold-exchange-traded-funds-etf\/","url_meta":{"origin":8703,"position":0},"title":"Gold Exchange Traded Funds (ETF)","author":"Amit Bhawani","date":"February 24, 2010","format":false,"excerpt":"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\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","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Gold-ETF-150x150.png?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":8703,"position":1},"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":8697,"url":"https:\/\/www.amitbhawani.com\/blog\/investing-in-gold-the-etf-way\/","url_meta":{"origin":8703,"position":2},"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":248,"url":"https:\/\/www.amitbhawani.com\/blog\/online-shares-trading-guide-made-easy\/","url_meta":{"origin":8703,"position":3},"title":"Online Shares Trading Guide Made Easy","author":"Amit Bhawani","date":"December 11, 2007","format":false,"excerpt":"Shares trading in the stocks markets is now very easy with the online facilities available for the traders. Now you just need a online trading account with a Demat account linked with your online banking account. First step to start up is to signup with any of these Online trading\u2026","rel":"","context":"In &quot;Tips &amp; Tweaks&quot;","block_context":{"text":"Tips &amp; Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8707,"url":"https:\/\/www.amitbhawani.com\/blog\/taxation-of-gold-etf\/","url_meta":{"origin":8703,"position":4},"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":1828,"url":"https:\/\/www.amitbhawani.com\/blog\/stocks-buying-tips-trading-weeks\/","url_meta":{"origin":8703,"position":5},"title":"Best Time to Buy Stocks in Trading Weeks","author":"Amit Bhawani","date":"October 24, 2008","format":false,"excerpt":"The Stock Markets in India are closed for 2 days in a week which is Saturday & Sunday and if you are looking to trade your stocks online the best option would be to get a Demat account and open a trading account from one of the available many online\u2026","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/www.amitbhawani.com\/blog\/category\/business\/"},"img":{"alt_text":"Stocks Market Crash","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/Images\/S\/Stocks-Market-Crash.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/8703","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=8703"}],"version-history":[{"count":0,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/8703\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media?parent=8703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/categories?post=8703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/tags?post=8703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}