Thanks to technology, there are many ways to invest in gold, like buying ETFs. Gold and other precious metals ETFs level the playing field for newer investors. It might be more convenient and cost effective to buy these ETFs, but here are 2 reasons why some investors prefer physical gold vs. an ETF.
1. Tangible Assets
Precious metals ETFs give exposure to this unique asset class. However, some investors might have more peace of mind knowing that they have physical gold or silver in a vault. Just remember to always go with a broker that offers comprehensive and affordable insurance to secure precious metals.
2. Less Prone To The Markets
ETFs are publicly traded investments and trade similar to a stock. As a result, they’re more susceptible to price changes due to fluctuations in the general market.
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There’s a reason central banks are doubling down on gold. Gold is undervalued compared to other assets and it has plenty of upside potential.
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