What is a Gold Fund?
How Does a Gold Fund Work?
For example, let's assume that John wants to invest in gold. He can either buy physical gold, or he can buy shares of a gold fund. The gold fund pools investors' funds and invests in physical gold and/or shares of gold miners and gold processors (depending on the fund). The largest gold fund is the Gold Trust (NYSE: GLD).
Why Does a Gold Fund Matter?
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