- Easy trading: 1 unit of gold is considered as 1 gram of gold, and buying and selling of the units work similarly to One can trade them through a broker or ETF manager.
- Simple transactions: One can buy and sell gold exchange-traded funds from any part of the country when the stock exchanges are open. Gold ETFs are listed on NSE/BSE. So trading is much easy and liquid.
- Low-cost investment: The gold ETFs are very low cost as they are listed on the stock exchange has no entry or exit load for purchase or sale of units. With discount brokers like Zerodha, UpStox, 5paisa with Rs 20 per executed order. One more key advantage of Gold ETF is they are not charged STT when doing transaction.
- Diversification in the portfolio: Gold is one of the best ways to diversify your portfolio because, in unstable market conditions, the diversified portfolio may offer you good returns.
- Collateral security: Gold ETFs also work as collateral securities if you want to borrow money from any financial institution.
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