Gold exchange-traded funds (ETFs) allow investors to track the price of gold without having to own and store the underlying asset.
The precious metal continues to appeal to investors seeking a safe haven, with economic and geopolitical uncertainty pushing gold prices near an all-time high. Demand for gold soared last year after the invasion of Ukraine, and the recent collapse of Silicon Valley Bank and Credit Suisse triggered fears of a global banking crisis.
While gold can be held in its physical form, there are simpler ways of investing in it. One option is to invest in gold-focused ETFs, which provide exposure to the commodity without the cost of buying and storing it.
To help investors navigate through the options, we asked Alena Kosava, head of investment research at AJ Bell, for her opinion on which gold ETFs are worthy of consideration and why. Her choices are set out below (in alphabetic order) and range from gold-focused ETFs to broader-based commodity funds.
Meanwhile, our FAQs section takes a closer look at investing in gold exchange-traded funds.
Investing in the stock market is inherently risky, and doing so puts your capital at risk. You may not get some or even all of your money back.
