correlator10

Difference is just the name. Otherwise it is just paper. No redemption likely unless you are a zillionaire or you are a sovereign.

d2thdr- Thanks for that- good way of looking at it.

What is the difference in ETFS swiss physical gold (SGBS) and ETFS physical gold (PHAU/PHGP)? Apart from the purity and where it is held? Both have a management charge of 0.39% p.a. More volume is traded on PHAU/PHGP than SGBS. Both have an identical share price performance.