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I recently purchased some gold ETFs (PHAU.L). These are backed by physical gold. How does that work, exactly? Where is the gold kept?...

Question

I recently purchased some gold ETFs (PHAU.L). These are backed by physical gold. How does that work, exactly? Where is the gold kept? - Posted by Bill

Answer

ANSWER 18th February 2010
Hi Bill,

Glad to see you are on the ball! For the answer to your question please see our article http://www.shareworld.co.uk/index.php/news/255/230/Where-is-your-Gold/articles.html
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