Also go for the one which has highest liquidity (read volumes) Gold Bees is usually traded well.
brainz
Many people have mentioned the advantage of buying a Gold ETF fund having more volume as Liquidity will be high.
I do not think so. Gold ETF is like a mutual fund, the price is fixed by the Institution which is managing that fund. And buy/sale of the gold ETF happens between the investor and the institution.
So even if one day maybe the volume is 10 times the usual volume, there will be no change in the price and everybody will get the required units, as the institution bringing out the ETF will simply issue some more units to the market.
In the same way even if everyone wants to sell there Gold ETF the price will not fall. The institution will accept back their certificate from everybody at the price on that day.
ETF in India are a very small part of the Global trading market on Gold. So our actions will not impact world gold price. Which means that our action will not impact the price of Gold ETF held by us.
Please tell if I have understood the s/m incorrectly.