How to invest in gold?

[Django]

I want to invest in gold but I don’t know if I have to hold this gold physically at home or if ETFs backed by gold stocks are also allowed

[Frhaann (Farhan)]

Great question. Here are two discussions that we’ve had in the community that might be relevant here.

Gold ETFs halal to help battle inflation

Does anyone know if Gold ETFs are halal like CGL (headged) and CGL.C (non-headged)? Jazaakum’Allahu khairn

Gold/Silver Halal stocks

Does anyone know which gold and silver stocks or etfs are halal and preferably priced in Canadian Dollars? Which companies actually hold the precious metals? Jazaakum Allahu khair

[saad (Saad Malik)]

Gold ETFs are generally fine if they are 100% physically backed. Here’s a list of the shariah compliant options in the US market, sorted from most expensive to least expensive:

symbol	name	expenseRatio
GLD	SPDR Gold Shares	0.40
SESG	Sprott ESG Gold ETF	0.38
IAU	iShares Gold Trust	0.25
OUNZ	VanEck Merk Gold Trust	0.25
AAAU	Goldman Sachs Physical Gold ETF	0.18
BAR	GraniteShares Gold Shares	0.17
SGOL	abrdn Physical Gold Shares ETF	0.17
GLDM	SPDR Gold MiniShares Trust	0.10

[TheMSO]

Thanks. I was buying BAR, now I will go with GLDM.

[Django]

Thank you a lot do you have any quote or hadiths for this invest please ?