Gold exchange-traded funds (or GETFs) are special types of exchange-traded funds (ETFs) tracking the price of gold. Gold exchange-traded funds are traded on the major stock exchanges including London, Paris and New York.
The idea of a gold ETF was first officially conceptualised by Benchmark Asset Management Company in India when they filed a proposal with the SEBI (Securities_and_Exchange_Board_of_India) in May 2002. However it did not receive regulatory approval and was only launched later in March 2007. The first gold exchange-traded fund actually launched was in March 2003 on the Australian Stock Exchange under Gold Bullion Securities (ticker symbol "GOLD"). Gold Bullion Securities (GBS) are fully backed by gold which is both deposited and insured. GBS was launched to give financial institutions and private investors the ability to own gold and gain exposure to the price, without the inconvenience of storing physical bars.
Following the launch of Gold Bullion Securities on 28 March 2003 in Australia, a number of associated GETFs were soon launched on other stock exchanges. These GETFs are grouped under the name Exchange Traded Gold.
Exchange Traded Gold is listed under:
Gold Bullion Securities
Lyxor Gold Bullion Securities
SPDR Gold Trust (formerly streetTRACKS Gold Shares)
New Gold Issuer
Exchange Traded Gold is sponsored by the World Gold Council, and as of August 2007 held 627.92 tonnes of gold in storage. SPDR Gold Trust marketed by State Street Global Markets LLC, an affiliate of State Street Global Advisors, accounts for over 80 percent of this gold. As of 2008, SPDR Gold Trust is the largest and most liquid GETF on the market.
Easy Forex - Learn Forex and Currency trading the easy way
Gold Exchange Funds
Trade Gold and Silver Gold or silver rates Gold trading online Trade Gold and silver Buying Gold as an Investment
Site Map

Investing in Oil

Currency Trading Tips

Stock Market

Home

Trade Gold
Navigate Page

Easy-Forex.com


Forex Forums

Automated Easy Forex

Forex broker ratings

ebook on forex


Easy forex training

Easy Forex Mentoring
Forex Search
With the search, you can search currency exchanges, banks, forex brokers, and other information listed and featured at Easy Forex Forum.
Partner Sites
Jewish Celebrations - Jerusalem - Ayelet Frank - Jewish United States - The Forex Currency Trading
Copyright © 2005 - 2008, Franka. All rights reserved.
Gold exchange-traded funds
Gold ETF History
Realated articles about Gold Exchange Fuds
Exchange-traded fund
ETF Securities
Methods of investing in gold
Digital gold currency
Exchange Traded Gold
Exchange Traded Funds - ETFs
Exchange Traded Funds are not technically mutual funds, but they offer some of the same advantages while trading like a stock.
Understanding Exchange Traded Funds
ETFs are becoming more and more popular as they appear to be a low-cost, flexible alternative to mutual funds. Find out if ETFs are the investment product you have been looking for.
Sebi issues norms on goldexchange funds
New Delhi, April 22
The Securities and Exchange Board of India has issued guidelines to mutual funds trading in gold exchange funds on the determination of gold value and net asset value (NAV) of the funds to help the investors.