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GOLD1

NSE
80.51000 INR
0.15
0.19%
Last update Jun 30, 3:29 PM IST
Market closed
Day range
80.11000
80.65000
Previous close
80.36000
Open
80.36000
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Kotak Gold ETF
80.51
0.15
0.19%

Overview

Description

Kotak Gold ETF is an Exchange Traded Fund that tracks the domestic price of gold. Its primary function is to provide investors with an innovative way to access and invest in gold without the complexities of purchasing and storing physical gold. The ETF invests in physical gold of 99.5% purity, stored with reputed vault custodians, ensuring the safety and authenticity of the asset. It offers investors liquidity and convenience as it is traded on the stock exchange just like any other stock, allowing for easy buying and selling. Kotak Gold ETF is significant for those looking to hedge against inflation and currency fluctuations, as gold traditionally holds its value over time. It serves both retail and institutional investors interested in diversifying their portfolios by adding exposure to commodities. As part of the broader gold market, this ETF indirectly impacts sectors such as mining, luxury goods, and central banking, which rely on gold's stability and long-term performance. By providing a simple, cost-effective entry into the gold market, Kotak Gold ETF plays a crucial role in facilitating investors' long-term wealth preservation strategies.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
India
MIC code
XNSE
Market closed

Exchange is currently closed
Main market opens in 16 hours 32 minutes

16:42
00:00
09:15
15:30
23:59

Trading Hours (Sunday - Thursday):

Main market
09:15 - 15:30
All times are displayed in the Asia/Kolkata timezone (IST, UTC+05:30).