In the U.S., physical gold ETFs are often taxed as "collectibles" (up to 28% for long-term gains), which differs from standard equity taxation.
To start, you need an account with an online broker or trading app that supports ETF trades.
Enter the number of shares or the dollar amount you wish to invest.
Look for low expense ratios, especially for long-term holding. Fees can range from as low as 0.09% to over 0.50% .
Provides exposure to major global gold-mining corporations rather than bullion.
AI responses may include mistakes. For financial advice, consult a professional. Learn more How to Buy a Gold ETF - Investing - SmartAsset.com
The gold ETF, ideal for active traders. VanEck Gold Miners ETF (GDX)