These 3 ETFs offer low-fee gold exposure

Article Excerpt

An improved U.S. economy and low unemployment led the U.S. Federal Reserve to raise interest rates three times in 2017 and twice so far this year. That dampens the risk of a falling U.S. dollar and much-stronger inflation. Typically, both of those factors are needed to significantly boost demand for gold. Still, if you want exposure to gold, here are three low-fee ETFs. SPDR GOLD SHARES ETF $111.21 (New York symbol GLD; TSINetwork ETF Rating: Aggressive; Market cap: $11.9 billion) invests in gold bullion, using gold bars in the vaults of HSBC, Bank of England, UBS AG and others. Each unit of the trust represents 1/10th of an ounce of gold adjusted for expenses. The ETF is set up in the form of a trust. Each unit represents a fractional ownership in the trust, the sole assets of which are gold bullion and, from time to time, cash. The fund offers investors a means of participating in the gold bullion market without having to hold the…