The other two physically backed ETFs are the ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) that costs 0.39% and the ETFS Physical Asian Gold Shares (NYSEArca: AGOL), also 0.39%. Trading volume is lower in these funds, compared to GLD, and SGOL has been more popular so far. AGOL vaults its gold in Singapore, one of the most trusted and transparent financial markets in the world. SGOL, on the other hand, vaults its gold in Zurich, one of the few countries still viewed as a “safe haven,” reports Baiocchi. Some analysts say that vaulting overseas is more effective since the U.S. government can not intervene with the commodity. [China Eyes Gold ETFs]
SPDR Gold Shares
Tisha Guerrero contributed to this article.