| For the first time private investors can convert the value of their gold ETF shares into real gold coins. Index fund provider ETF Securities has teamed up with Government-owned coin maker Royal Mint to offer investors with shares in its leading exchange traded fund ETFS Physical Gold the option of cashing in shares for physical bullion coins.
Exchange traded funds have mushroomed in recent years as a highly popular way for private investors to own gold. Real holdings of gold, stored in bank vaults, are represented by shares which trade daily on the London Stock Exchange. This makes it possible for investors to buy and sell cheaply and in relatively small quantities...............................................Full Article: Source |