What is the SGOL ETF ?
The SGOL ETF, or Swiss Gold Shares, is an exchange-traded fund designed to track the price of physical gold bullion stored in secure Swiss vaults. This ETF provides investors with a convenient and cost-effective way to gain exposure to the price movements of gold, a popular asset for diversification and hedging against economic uncertainties. With SGOL, investors can benefit from owning a fractional share of actual gold without the need for physical storage or handling, making it an attractive option for those seeking to invest in the precious metals market.