Hello Investment Gurus,
I have a Q about Gold ETFs.
I was trying to invest in Gold ETF (GOLDBEES) with my online trading account in icicidirect.com.
When I clicked on "BUY", a pop-up came up saying that "Cash Brokerage is applicable for ETFs".
I am a small investor and planning to accumulate Gold ETF units on regular intervals.
So, my Q is "Is it advisable to buy units from Gold ETFs by paying cash brokerage??"
Because I will be paying more money for units of gold ETFs than for physical gold as I am paying current market price of 1gm of gold + brokerage.
Does anybody have an idea, how much this brokerage will be in ICICIDirect.com???
Your answers will be highly appreciated.
Thank you in advance
Have a nice day
Best regards
I have a Q about Gold ETFs.
I was trying to invest in Gold ETF (GOLDBEES) with my online trading account in icicidirect.com.
When I clicked on "BUY", a pop-up came up saying that "Cash Brokerage is applicable for ETFs".
I am a small investor and planning to accumulate Gold ETF units on regular intervals.
So, my Q is "Is it advisable to buy units from Gold ETFs by paying cash brokerage??"
Because I will be paying more money for units of gold ETFs than for physical gold as I am paying current market price of 1gm of gold + brokerage.
Does anybody have an idea, how much this brokerage will be in ICICIDirect.com???
Your answers will be highly appreciated.
Thank you in advance
Have a nice day
Best regards