Gold Exchange Traded Fund (ETF) is a type of fund that is traded on stock exchanges. An index like a bond index or a stock index is tracked by most of the ETFs. Any mutual fund or ETF that invests money only in gold bullion and gold producing companies is referred to as Gold ETF. Gold ETF is an open-ended scheme wherein money that is collected through all willing investors is put in gold. The management of these funds is done passively and the returns generated are quite close to the returns
