Top 5 Cheapest Gold ETFs to Own in India

Gold prices in India have been rising steadily for the past few years. If we look at the data after March 2020, gold prices (24 karat) have more than doubled to Rs 88,500 per 10 grams. This tremendous surge has now further increased the inclination of investors towards various other gold-linked investments, including gold exchange-traded funds (ETFs). Rather, many investors are preferring to invest in gold ETFs instead of buying gold traditionally. The reason for this is clear — investing in gold ETFs neither causes the hassle of keeping the metal physically, nor the worry of theft or other risks. This is the reason why gold ETFs have now become a popular way to provide stability in the portfolio and protection from inflation.

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