Gold ETF are transparent vehicle and provide an effective and efficient platform for investors to diversify in to GOLD. Gold is considered as a Global Asset Class.
The expenses incurred in buying and selling Gold ETF are much lower then the cost incurred in buying, selling, storing and insuring physical gold.
To Invest in Gold ETF, all you need to have a demat account and a trading account with an online account for trading stock, that would suffice to invest in gold ETFs.
Once you have got the account ready it’s just a matter of choosing Gold ETF and place the order online from your broker’s trading portal. The orders are routed to the exchange where the purchase order are matched with the sell orders and executed and a confirmation will be sent back to you.
Following are the document required to open demat and trading account