InvestorQ : At present Gold RTFs trading low price in share market but physical gold prices are very high in present market why this difference
Gopal made post

At present Gold RTFs trading low price in share market but physical gold prices are very high in present market why this difference

Answer
user profile image
Ria Jain answered.
3 months ago


I suppose you are referring to gold ETFs. Normally, the gold ETFs are a fraction of the domestic price. For example, if the price of the gold ETF unit is designated at 1 gram and if the price of 10g grams is Rs.48,000 in India then the ETF unit would quote around Rs.4800. However, the price is normally off the spot gold price due to costs involved.