Gold ETFs offer better returns than Silver ETFs, says Mrin Agarwal, Founder of Finsafe

Gold ETFs are better than Silver ETFs as well as buying physical gold for Investors, said Mrin Agarwal, Founder of Finsafe, in an exclusive interview with Zee Business’ Swati Raina. Know why did she recommend Gold ETFs over Silver ETFs.

Know why did Mrin Agarwal recommend Gold ETFs over Silver ETFs.

Gold ETFs are better than Silver ETFs as well as buying physical gold for Investors, said Mrin Agarwal, Founder of Finsafe, in an exclusive interview with Zee Business’ Swati Raina. Know why did she recommend Gold ETFs over Silver ETFs.

Agarwal said that if you compare buying physical gold vs ETF, around 30 per cent goes into making charges, wastage, storing charges, etc. Individuals who are looking for investment opportunities can consider Gold Exchange Traded Funds (ETFs) as these products combine the flexibility of stock investment and the simplicity of gold investments. On the other hand, physical gold is more expensive to buy and expensive to store. If investors want to invest in gold, Gold ETF makes it convenient to track its prices.

While silver ETF has way more volatility compared to Gold ETF besides, the long-term return on Silver ETF is much lower than Gold ETF. Silver ETF’s performance is always lumpy. Gold ETFs offer better returns than Silver ETF, Agarwal said.