BitcoinWizardry
Mon May 27 2024
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7 answers
1331
Does a gold ETF actually own gold?
Does a gold ETF actually possess physical gold bullion, or is it merely a paper asset backed by promises and derivatives? Is there any tangible evidence that the ETF actually holds gold, or is it merely a representation of gold prices without any real, physical gold behind it? Can investors be confident that their investment in a gold ETF will be backed by actual gold, or are they essentially betting on the price movements of a commodity without any real asset to support it?
