A gold mutual fund is a type of investment vehicle that allows investors to pool their money together and invest in gold. These funds typically invest in a variety of gold-related assets, including physical gold, gold mining stocks, and other securities that are tied to the price of gold. The goal of investing in a gold mutual fund is to provide investors with exposure to the precious metal and to potentially benefit from any increases in its price. Gold mutual funds are often used as a way to diversify an investment portfolio and to hedge against economic uncertainty.

Gold mutual funds are investment vehicles that pool money from multiple investors to invest primarily in gold-related assets such as gold bullion, gold mining companies, or gold futures contracts. These funds offer investors exposure to the price movements of gold without needing to physically own and store the precious metal.

Investing in gold mutual funds can provide diversification benefits to an investment portfolio, as gold often behaves differently than stocks, bonds, and other traditional assets. During times of economic uncertainty or market volatility, gold prices tend to rise as investors seek safe-haven assets to protect their wealth.

Gold mutual funds can be actively managed, where fund managers make decisions about which gold assets to buy and sell, or passively managed, where the fund aims to replicate the performance of a specific gold-related index. Investors should carefully consider factors such as expenses, historical performance, and their own investment objectives before investing in gold mutual funds.