The idea of buying gold via etf is same as buying gold is a misconception, 1 you buy gold as an insurance against stupidity of government like the one he is covering overprinting of indian rupee, the people in usa also buy gold against stupidity of their government like printing too much usd and confiscating russias usd reserves. buy physical gold reason is if you dont hold it you do nnot own it. in the 1900's the us used to have gold certificates in 1920's these were confiscated by govt, and revalued at 35.00 usd. the etf are similar once gold becomes unobtainable the etf gold will not provide you any return. gold is money this is why the central banks own it in physical form not in etf form , if you want the price of gold to rise buy physical bullion remove it from the supply market so it cannot be hypoticated by these etfs,, if the etf was soo good why does the indian govt not buy etf gold