Even though there are 4-5 Gold ETFs available in the market, my suggestion would be that you are better off investing in DSPML World Gold Fund. This fund invests in stocks of Gold companies worldwide through Merill Lynch World Gold Fund. And believe it or not, it has given double the returns than that of GOLD. And since its launch in India, around 4 months it has given a Compounded Return of 102%. Can you ask for anything more?. Just see, gives the protection of gold and gives returns MORE than Gold. You just cant ignore DSPML World Gold Fund. It is a must in everyone's portfolio
Best of luck
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