Gold is considered as one of the ever booming investment platform that yields more and steady returns than any other investment. It counters the effects of inflation and exchange rate fluctuations, providing a solid base for the investors to earn more profits. Though the market has seen a terrible decline in the wake of 2013, the metal has managed to garner more than 27% of annualised return in the past five years.
However, with the sudden slump in the gold market, investing in gold ETFs is the smartest way to opt. Gold ETFs provide an opportunity to investors to save gold over a given period of time. Since it can be purchased in small quantities, one can plan the procurement as per future requirements. There is no risk of theft and one need not worry about the storage cost (as in case of physical gold) because such units are held in demat or paper form. In the case of physical gold, one ends up paying extra for making charges as well, but there is no extra charge applicable in gold ETFs. When needed, one can exchange them in multiples of 1 kg units of 0.995 purity.