In recent times, the term Gold ETF was making news. Which among the following closest instrument to Gold ETF?

In recent times, the term Gold ETF was making news. Which among the following closest instrument to Gold ETF?
[A]Debenture
[B]G-Sec security
[C]Mutual Fund
[D]Commercial Paper

Mutual Fund
Gold ETFs (Paper Gold) are mutual fund schemes that invest in standard gold bullion (of 99.5% purity). The value of an ETF is based on price of gold. These are alternative to owning physical gold.


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