If your goal is long-term wealth protection, insurance against currency debasement or systemic risk, then physical gold makes sense. You actually own it, with no counterparty risk and no reliance on the financial system.
But for people who trade, rebalance often, or want the ability to enter and exit quickly, paper gold wins.
Are there any advantages of owning gold on paper? It seems like a fools “gold” game to do that.
It really depends on why you’re buying gold.
If your goal is long-term wealth protection, insurance against currency debasement or systemic risk, then physical gold makes sense. You actually own it, with no counterparty risk and no reliance on the financial system.
But for people who trade, rebalance often, or want the ability to enter and exit quickly, paper gold wins.