This women’s day, give a gift of gold to the special women in your life.
71 VIEWS
2
min read
71 VIEWS
2
min read
Gold Glossary
ETF (Exchange Traded Funds)
It is an investment fund dealing in bonds, commodities etc. and gets traded on the stock market like normal stocks. A gold-backed ETF is an exchange-traded fund (ETF) that aims to track the domestic physical gold price. Gold-backed ETFs are financial instruments comprised of units backed by physical gold which may be in paper or dematerialised form. One gold-backed ETF unit is typically backed by 1 gram of physical gold.
