Top Gold ETFs: Which ETF Delivered the Highest Returns Over 3 Years—Should You Invest or Not?
Top Silver ETFs: The ongoing conflict in the Middle East has thrown global stock markets into turmoil. Concurrently, significant declines are being recorded in the prices of gold and silver. Typically, geopolitical conflicts tend to have a positive impact on gold and silver, causing their prices to surge during such times.
However, the conflict has led to an appreciation of the US dollar, thereby exerting downward pressure on gold and silver prices. Looking back to February 27th of last month, the price of 10 grams of gold on the MCX had crossed the ₹1.60 lakh mark. Currently, however, the price is hovering around ₹1.40 lakh per 10 grams. It is worth noting that we are referring to 24-carat gold here.
Observing the continuous decline in gold and silver prices, investors are left pondering whether this is the right time to invest in Gold ETFs.
Is This the Right Time?
Many experts believe that the best time to purchase mutual funds is when the stock market is experiencing a downturn, as this allows investors to acquire units at lower prices. Similarly, the current market sentiment for gold and silver is characterized by selling pressure, with both commodities recording consistent declines. Consequently, this presents an opportunity to acquire units of Gold and Silver ETFs at discounted rates.
Subsequently, as gold and silver prices rise, the value of these ETF units will also appreciate. Thus, investors stand to profit from units purchased earlier at lower or reduced prices.
Another common dilemma investors face is deciding which specific Gold ETFs to invest in. We have provided a list below of Gold ETFs that have delivered the best returns over the past three years. However, it is important to note that there is no guarantee that these specific ETFs will continue to generate strong returns in the future.
Which Gold ETF Delivered the Highest Returns?
Gold ETF | Returns (%) | Expense Ratio (%) | NAV
DSP World Gold Mining Overseas Equity Omni FoF | 48.26 | 1.74 | 59.02
Edelweiss Gold and Silver ETF FoF | 39.8 | 0.24 | 32.57
Motilal Oswal Gold and Silver Passive FoF | 35.82 | 0.13 | 29.17
UTI Gold ETF FoF | 33.18 | 0.17 | 27.37
Aditya Birla SL Gold Fund | 32.84 | 0.2 | 42.98
From the table above, it is evident that the DSP World Gold Mining Overseas Equity Omni FoF has delivered the best returns.
Should You Invest?
If you wish to purchase gold in a digital format, Gold ETFs are the best option. However, ensure you invest only after carefully reviewing the expense ratios and other associated charges.
Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
