Digital gold investments are in exchange-traded funds (ETFs), where the units represent physical gold which may be in paper or dematerialised form. One gold ETF unit is equal to 1gm of the yellow metal. It is backed by physical gold of high purity. Gold ETFs combine the flexibility of stock investments and the simplicity of purchasing the yellow metal.
from Commodities-Markets-Economic Times
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Wednesday 19 January 2022
Gold ETF assets surge 27% in 2021
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