
Economist Verifies Physical Gold Backing of Popular ETF
Concerns about the authenticity of gold ETFs are often raised by investors. A recent video by Daniel Villares | Finanzas, an economist specializing in financial education, addresses these concerns. Villares examines Invesco Physical Gold ETC, a popular gold ETF. He directly accesses the company's website and presents documentation showing that the ETF is backed by physical gold bars held in J.P. Morgan Chase's London vault. The documentation includes an audit report from January 2025, detailing the verification process. "They've counted 16,061 bars," Villares states, highlighting the transparency of the process. This verification process alleviates concerns for investors seeking assurance that their investments are backed by actual physical gold.