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The gold exchange traded fund is a burgeoning product to invest in gold. It has very positive significance as foreign exchange, financial safety and avoiding inflation to a country. At the same time, it is convenient to invest in gold exchange traded funds for small and medium-sized investors and extremely welcomed by market. However most of the investor is not aware about Gold Exchange traded funds. So the objective of this paper is to clarify the concept with the help of literature and analyze the development of gold exchange traded fund.
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