It’s been a long time now that investors have been buying physical gold as an option, but investors who know about gold etfs never make the mistake of buying physical gold. Buying gold etfs has many advantages over physical gold which I myself have realized by investing in Gold BeES(the best gold etf in India)
To give you a basic idea some of the advantages are.
Moreover, Gold ETFs deal with standard bullion which is standardized with standard prices/rates.whereas jewels and their rates depend on its carrot(20, 28, etc) and jewelers sometimes are finicky and avoid jewels if they are not comfortable with the manufacturer, carrot, quality, etc and may do cheap bargaining.
All in all, investing in Gold ETFs gives you an edge over investors who invest in physical gold. Also investors should know that Gold BeES is easily the best one there is and is potentially cheaper to have price exposure to gold price as compared to other available avenues.