What are Gold BeES
& How to Buy Them?
What is Gold BeES?
Gold BeES are Exchange Traded Funds (ETFs), whose aim is to
reflect all the price movements
of the physical gold.
Value of Gold BeES
A single unit is
equal to 0.01 gm of gold
in dematerialised or paper form & is backed by
the physical gold bullions of 99.5% purity.
Minimum Investment
The minimum investment in gold BeES is the cash amount approximately
equal to 0.01 gm of physical gold
.
Factors Affecting Gold BeES’s Value
The value of
Gold BeES can fluctuate
based on market conditions like geopolitical events, interest rates, the value of the dollar, etc.
Where can You Buy Gold BeES?
You can invest in the Gold BeES
through your broker
via demat account.
How to Invest?
To invest in Gold BeES, log in to your
demat account
& search for the ETFs you want to invest in.
How to Place a Gold BeEs Order?
You can
place a market or a limit order
and enter the amount at which you want to invest Gold BeES.
Confirmation
Once the order is executed, you can
check it under your holding section
in your demat account.
How to Sell?
You can
place a limit sell order
from your demat account, & if a buyer is available, the order will be executed.
Gold BeES Liquidity
Gold ETFs are
easier to buy & sell than physical gold
, but less liquid than any other financial assets like stocks & bonds.
Drawbacks
Gold BeES attracts
buying and selling costs
, has an expense ratio, and there are no tax-benefits.
Different Gold BeES Available in India
Invesco India Gold ETF, Nippon India ETF Gold BeES, and Kotak Gold ETF are some of the best Gold ETFs in India.
Learn more
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Earn 9 - 11%
Fixed Returns
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