Can we redeem Physical gold for the purchased GOLD ETF?

POSTED BY Purnachander ON November 25, 2010 6:37 pm ONE COMMENT

Hello Everyone,

If I invest in GOLD ETF and leave it for a long term, can I redeem Physical gold from the respective AMC’s?

–Purna

One reply on this article “Can we redeem Physical gold for the purchased GOLD ETF?”

  1. Jagadees says:

    @ puranachander
    As far as i know none of the AMC with gold ETF offers that advantage to convert to physical gold. Long back i read an article that quantum mutual fund tried to bring this plan, but due to some technical constraints with jewellers the plan was not materialized.

    Jagadees

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