Ch.1 · Comparing Financial Products · medium
Compared to physical gold, which of the following is an advantage of a Gold ETF?
0% of students got this wrong
EXPLANATION
Gold ETFs provide exposure to gold prices without the need for physical storage, insurance, or making charges. They eliminate purity risk as ETF holdings are in 99.5% pure gold. However, they are taxed like debt funds post-April 2023 (slab rate).
Practising Chapter 1 one question at a time?
Try the full chapter — 50 questions, tracked score, weak area breakdown.