Summary
- When they were launched in 2003, gold-backed ETFs made it easier, and cheaper, for many investors to invest in gold.
- There are many benefits to investing in gold-backed ETFs, including quality, security and – often – lower fees.
- The market is large and liquid, making it easy to transact in either large or small volumes. By the end of 2017, global gold-backed ETFs held 2,368 tonnes of gold, worth US$99bn.