Answer
Feb 24, 2025 - 03:55 PM
Since, for one reason or another, it is difficult to take delivery from any of the ETFs, they are generally viewed as a price bet and not actual ownership of the metal. Most gold investors want possession of their gold because they are buying it as a hedge against an economic, financial, or political disaster. When disaster strikes, it does not do you much good to have your gold stored in some distant facility by a third party. For this reason, over the past couple of years, the trend even with hedge fund operators has been away from the ETFs. (For further reading, please see our special report. Should I buy a gold ETF?)
