Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.
The Best Gold ETFs to Buy in 2025
Ruby Layram
8th May 2025
Looking to add a little glitter to your portfolio this year? You’re not alone. With economic uncertainty, falling interest rates, and whispers of inflation, many investors are turning to gold as a way to preserve their wealth.
But instead of hoarding gold bars under the bed, savvy investors are opting for gold ETFs—a low-cost, flexible way to gain exposure to the precious metal.
Whether you’re a cautious beginner or a contrarian on the hunt for an edge, here’s our rundown of the best gold ETFs to buy in 2025- including top physical gold funds, high-performing ethical picks, and higher-risk options for the brave-hearted.
Also read: Why Trump Tariffs Are Good News for Gold Investors
What Is a Gold ETF?
A gold ETF (exchange-traded fund) is a fund that tracks the price of gold. Some are backed by physical gold, stored safely in vaults. Others invest in gold mining companies, which can offer higher growth (and higher risk).
Gold ETFs are traded on stock exchanges, making them easy to buy and sell- just like shares.
Best Physical Gold ETFs in 2025
If you’re looking for a safe, direct way to invest in gold, these ETFs are your best bet. They’re backed by real gold and offer a solid hedge against market uncertainty.
1. iShares Physical Gold ETC (SGLN)
-
Assets under management: £16.9 billion
-
Gold stored in: London
-
Why it’s great: This is the UK’s largest gold ETF and one of the most trusted. It gives you exposure to the spot price of gold, minus a small fee. If you want to keep it simple, this is a solid starting point.
2. WisdomTree Physical Swiss Gold (SGBX)
-
Gold stored in: Zurich, Switzerland
-
Why it’s great: For those who like the idea of Swiss vaults (and who doesn’t?), this ETF ticks all the boxes. It’s had a strong track record over one year and five years.
3. Invesco Physical Gold ETC (SGLP)
- Gold stored in: London
-
Why it’s great: If you’re a UK investor looking to invest in pounds, this ETF is a handy option. It’s cost-effective and straightforward, ideal for beginner portfolios.
Top-Performing Gold ETFs (1-Year Returns)
If you’re after returns, not just safety, check out these gold ETFs that smashed it over the last year. Note: they come with a little more risk!
4. Franklin Responsibly Sourced Gold ETF (FGDL)
-
1-Year Return: 44.49%
This ETF invests in ethically sourced gold, which is a big tick for ESG-conscious investors.
5. GraniteShares Gold Shares (BAR)
-
1-Year Return: 45.43%
BAR is one of the lowest cost ETFs, with an expense ratio of just 0.17%. It’s a great option for investors who want to keep fees low.
6. Goldman Sachs Physical Gold ETF (AAAU)
-
1-Year Return: 40.42%
This ETF has a trusted name, solid performance, and a low fee (0.18%). Great for long-term holders.
Gold Miner ETFs: High Risk, High Potential
Feeling like taking a bit of risk? These ETFs don’t invest in gold itself, but in the companies that dig it up. Returns can be bigger, but so can the bumps in the road.
7. VanEck Gold Miners ETF (GDX)
-
YTD Return: 38%
This ETF holds a global mix of top gold mining companies. These companies can skyrocket when gold prices go up (due to an increase in demand). But beware, they can also fall fast!
8. VanEck Junior Gold Miners ETF (GDXJ)
- YTD Return: 49%
This ETF focuses on small-cap miners. They’re riskier but have more room to grow. It’s best for the risk-tolerant investor with a longer time horizon.
9. iShares MSCI Global Gold Miners ETF (RING)
YTD Return: 44.97%
This ETF offers broad exposure to mining companies across the globe. Less risky than juniors, but still has growth potential.
Things to Know Before You Invest
Gold ETFs might feel safer than stocks, but that doesn’t mean they’re risk-free. Here are a few things to consider before you click “buy”:
Tax Efficiency
Some gold ETFs can be held within ISAs or SIPPs, meaning your gains could be tax-free. Always double-check eligibility.
Currency Exposure
ETFs priced in USD or EUR may be affected by exchange rates. Some UK ETFs, like SGLP, are priced in pounds.
Liquidity
Stick with ETFs that have high trading volume. This helps you get in (and out) without worrying about wild price swings.
Final Thoughts
Gold can be a smart addition to your portfolio, especially in uncertain times like these. If you’re looking for stability, a physical gold ETF is a safe bet.
If you’re after growth, the miner ETFs offer a bit more excitement. And if you’re ethically-minded, there’s even an ETF for that.
Whatever your approach, do your homework, keep an eye on fees, and remember- you don’t need to bet the farm to get the benefits.
Do you want to learn more about investing? Sign up for our fortnightly MoneyMagpie Investing Newsletter. It’s free and you can unsubscribe at any time.
Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence. When investing your capital is at risk.
How do I buy sovereign gold funds