Last updated on June 6th, 2021
Everyone’s been telling you to
invest in gold. However, you see that there are different gold ETFs in the market. One is listed on the SGX (O87) while another is listed on the NYSE (GLD)! How are they different and which one should you choose? Here’s a
complete breakdown on these 2 gold ETFs:
Both ETFs are managed by SPDR
Both of these ETFs are
managed by SPDR. Since
both funds are offered by the same fund manager, there is not much difference between the 2 ETFs.
They are on different exchanges
GLD is
listed on the NYSE while O87 is
listed on SGX. Due to
different trading hours, the prices may be slightly different.
Even in the SGX, O87 is denominated in USD! As such, you may want to consider...