Are Gold ETFs safe?

Yes, gold ETFs are considered a safe and reliable way to invest in gold. They are regulated by SEBI, which means they follow strict rules around transparency and investor protection. Each unit of a Gold ETF is backed by physical gold of high purity, which is stored in secure, insured vaults on behalf of investors. 

Additionally, Gold ETFs are audited regularly to ensure that the quantity and purity of gold held matches the units issued. This brings a level of trust and accountability that’s hard to achieve with physical gold. 

Most importantly, Gold ETFs eliminate common risks associated with buying physical gold—such as theft, storage hassles, and concerns about purity—while still allowing you to benefit from gold price movements. 

In short, if you want gold exposure without the worries of holding gold physically, Gold ETFs offer a safe and convenient alternative.