A wonderful option to invest in gold without having purchased the metal is through gold exchange-traded funds (ETFs). The price of the tangible good may change, and you could have to pay for shipping and storage. Additionally, some insurance companies refuse to cover gold kept in a dangerous place. ETFs, however, provide a lot of advantages, with convenience being the main one. Investing in gold ETFs offers the chance to diversify your investment portfolio without constantly worrying about its security in addition to saving money on the prices of genuine gold. Gold ETFs trade on the stock exchange and are accessible and liquid. If you’d like, you can exchange your units for gold. The price of gold will be regularly monitored by ETFs since they typically have minimal tracking errors.