5 differences between Gold ETF and E-Gold?
E-gold turn out to be a better bet in comparison to gold ETFs but at the same time are tax-inefficient.
Apart from physical gold, there are other avenues which allow a prospective investor in the precious yellow metal to make a more systematic investment. These include Gold ETF, e-gold and sovereign gold bonds. Here's depending upon your goal and investment objective, are listed few of the major differences between gold ETFs and e-gold.
Gold ETFs are mutual funds which invest in physical gold of 99.5% purity. Generally each fund unit corresponds to 1 gm gold but in some cases some of the brokers allow an investment of even 0.5 gms. While E-Gold is an electronic method of buying the yellow metal offering blend of both the forms - physical as well as electronic.For longer tenure, e-gold will turn out to be a better bet in comparison to gold ETF.
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