, offers seniors a tangible and secure investment, which makes it a popular choice among investors. And, this type of gold investment may be a top choice for many older investors due to the following reasons:Physical gold provides a sense of security, as you can hold it in your hands. And, the tangible nature of this investment also makes it easy to sell if you need more liquidity.
Investors rely on the issuer of the ETF to back the fund with actual gold. That can increase the risk of investing in gold with this option.Seniors should be mindful of brokerage fees associated with buying and selling ETFs, which can increase the cost of gold ETF investing., like gold mining stocks, can be a viable option for seniors looking for potential growth and dividend income in their portfolios.