I would like to ask all of you, what will be the composition of Gold i.e 24c, 20c etc, I will be buying when I am purchasing GETF. Vice versa at the time of selling what is the purity of gold I will receive?
This is certainly a question since many of us dont possess gold in the form of biscuits or bricks, but oranments and coins. Ornaments can not be prepared with 24c as it is too delicate to use.
Also, I have some more questions: 1. When I invest in mutual fund, I get some tax benifit for it? 2. Who decides the gold exchange rate? 3. Will the local gold rates will be different from international gold exchange rate?
