What is Gold ETFs (Exchange Traded Funds)?
Gold ETFs are exchange-traded funds that invest in gold. They allow investors to gain exposure to the price of gold without physically owning the metal. Each unit of a Gold ETF typically represents a fraction of an ounce of gold.
Historical Background
Gold ETFs were first introduced in the early 2000s as a way to make gold investment more accessible and convenient. They have since become a popular investment option, particularly during periods of economic uncertainty.