Gold ETF Expense

Which is the gold ETF with the least expense ratio? What other factors should I keep in mind when choosing a gold ETF?
Mr Goel

The expense ratio is the only factor to keep in mind when choosing a gold ETF. That said, gold ETFs are pretty commoditized and most have an expense ratio of about 1 per cent. The SBI Gold ETF has an expense ratio of 0.96 per cent, but 4 basis points don’t make a big difference. The basis of your selection of a gold ETF could be the premium or discount to its NAV. On that front, the Goldman Sachs Gold ETF is the best.

This article was originally published on August 13, 2012.