Is the following true or false? - ProProfs Discuss
Topics-
Products +
     

Is the following true or false?
As regards wealth tax, ETF Gold is superior to physical gold.



This question is part of NISM : Mutual Fund : Mock Test 3
Asked by Kaushalmandalia, Last updated: Jun 04, 2019

+ AnswerRequest Answer
...

3 Answers

Tamir Zoltovski

Tamir Zoltovski

Answered on Aug 31, 2019

Tamir Zoltovski (Co-founder of Moneta International UAB) says, "Investment in gold can be done either in physical form or through an ETF.

Tamir Zoltovski (Co-founder of Moneta International UAB) says,
It is generally better to invest in gold ETFs than physical gold as it does not include wealth tax and making charges. Also, liquidity and convenience in transacting in gold ETFs is far superiorto physical gold."

 Reply

C. Jackson

C. JacksonContent Developer, Austin
Content Developer, Austin

Answered on Mar 29, 2019

ETF gold is like a promise rather than the real thing. Obviously holding physical gold suggests a need for a heavyweight secure hold for keeping the treasure. It's more convenient for a company to hold it and to provide you with evidence that you 'own' a set share of it. But there are risks.

ETF gold is like a promise rather than the real thing. Obviously holding physical gold suggests a
The largest, most popular gold ETF, is an investment fund, whose physical gold backs its shares, the share price tracking the price of actual gold, Few investors have a claim on the underlying gold unless they have loads of shares.

 Reply

kaushalmandalia

Kaushalmandalia

Answered on Mar 15, 2018

True
1
 Reply

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.