## Where to Invest in Gold ETFs
Gold has been a popular investment for centuries, and for good reason. It is a safe haven asset that can help to protect your portfolio from inflation and economic downturns. In recent years, gold ETFs have become a popular way to invest in gold.
Gold ETFs are exchange-traded funds that track the price of gold. They offer a number of advantages over physical gold, including:
* **Diversification:** Gold ETFs allow you to diversify your portfolio by investing in a single asset that tracks the price of gold. This can help to reduce your overall portfolio risk.
* **Liquidity:** Gold ETFs are traded on exchanges, which makes them easy to buy and sell. This liquidity is important if you need to access your investment quickly.
* **Low costs:** Gold ETFs have lower costs than physical gold, such as storage and insurance fees.
There are a number of different gold ETFs available, so it is important to do your research before you invest. Some of the most popular gold ETFs include:
* **SPDR Gold Shares (GLD)**
* **iShares Gold Trust (IAU)**
* **Aberdeen Standard Physical Gold Shares ETF (SGOL)**
* **VanEck Merk Gold Trust (OUNZ)**
## How to Choose a Gold ETF
When choosing a gold ETF, there are a few factors to consider:
* **Expense ratio:** The expense ratio is the annual fee that you pay to own the ETF. Lower expense ratios are better.
* **Tracking error:** The tracking error measures how closely the ETF tracks the price of gold. Lower tracking errors are better.
* **Liquidity:** Liquidity measures how easily the ETF can be bought and sold. Higher liquidity is better.
## Where to Buy Gold ETFs
Gold ETFs can be purchased through any brokerage account. Once you have opened an account, you can search for gold ETFs and place an order to buy.
## Risks of Investing in Gold ETFs
Gold ETFs are a good way to invest in gold, but they are not without risks. Some of the risks to consider include:
* **Gold price volatility:** The price of gold can be volatile, which means that the value of your investment can fluctuate.
* **Counterparty risk:** Gold ETFs are backed by physical gold, but there is a risk that the issuer of the ETF could default on its obligation to deliver the gold.
* **Currency risk:** If you invest in a gold ETF that is denominated in a foreign currency, you are exposed to currency risk.
## Conclusion
Gold ETFs are a good way to invest in gold without the need to buy and store physical gold. They offer a number of advantages over physical gold, including diversification, liquidity, and low costs. However, it is important to do your research before you invest in a gold ETF and to understand the risks involved.
### Additional Resources
* [Gold ETFs: A Guide for Investors](https://www.investopedia.com/articles/basics/03/gold-etf.asp)
* [The Best Gold ETFs for 2021](https://www.thebalance.com/best-gold-etfs-4058231)
* [How to Invest in Gold ETFs](https://www.nerdwallet.com/article/investing/gold-etfs)