A gold exchange-traded fund (ETF) is a type of investment fund that tracks the price of gold. It allows investors to buy shares that represent a specific amount of gold, making it easier to invest in gold without needing to physically own it. The value of the shares fluctuates based on the current market price of gold. Investing in a gold ETF can provide a way to diversify a portfolio and hedge against inflation or economic uncertainty. These funds are traded on stock exchanges, similar to stocks, making them accessible to a wide range of investors.