# 1 Unit of GOLDBEES share = how many grams of Gold?

**URL:** https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456
**Category:** Stocks
**Created:** [August 3, 2020, 4:11pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456 "2020-08-03T16:11:04Z")
**Posts on this page:** 11
**Page:** 1

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### Author: ![Mani\_Kan\_Dan](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/f05b48/32.png) [@Mani\_Kan\_Dan](https://tradingqna.com/u/Mani_Kan_Dan)
#### Post date: [August 3, 2020, 4:11pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/1 "2020-08-03T16:11:04Z")

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1 share of GOLDBEES is 47.26 (today).

I want to know how much Gold do they store?

If a person has 500 shares of GOLDBEES, then how much Gold does the person own?

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### Author: ![ShubhS9](https://tradingqna.com/user_avatar/tradingqna.com/shubhs9/32/32667_2.png) [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [August 3, 2020, 4:47pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/2 "2020-08-03T16:47:48Z")

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1 Unit of GoldBees equals to 0.01 grams of Gold.

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### Author: ![AJ007](https://tradingqna.com/user_avatar/tradingqna.com/aj007/32/62651_2.png) [@AJ007](https://tradingqna.com/u/AJ007)
#### Post date: [August 3, 2020, 5:09pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/3 "2020-08-03T17:09:34Z")

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Minus the expenses incurred by the fund from day 1

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### Author: ![akarsh\_ghale](https://tradingqna.com/user_avatar/tradingqna.com/akarsh_ghale/32/20837_2.png) [@akarsh\_ghale](https://tradingqna.com/u/akarsh_ghale)
#### Post date: [August 3, 2020, 6:08pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/4 "2020-08-03T18:08:51Z")

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Haha… Well you don’t exactly own any gold. GoldBees is an ETF. ETF just tracks the value of an instrument and tries to replicate the returns. So you are basically owning the stocks of companies that deal with gold directly or indirectly.

If you wanna own actual gold, it’s really really easy. Just use phonepe or Gpay. They have a facility for that.

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### Author: ![Mani\_Kan\_Dan](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/f05b48/32.png) [@Mani\_Kan\_Dan](https://tradingqna.com/u/Mani_Kan_Dan)
#### Post date: [August 3, 2020, 6:10pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/5 "2020-08-03T18:10:51Z")

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Doesn’t they required to store the amount of Gold bought as the shares?

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### Author: ![akarsh\_ghale](https://tradingqna.com/user_avatar/tradingqna.com/akarsh_ghale/32/20837_2.png) [@akarsh\_ghale](https://tradingqna.com/u/akarsh_ghale)
#### Post date: [August 3, 2020, 6:15pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/7 "2020-08-03T18:15:16Z")

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Well it depends on the ETF. Some like to have only gold while others have a combination of stock and gold.

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### Author: ![Mani\_Kan\_Dan](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/f05b48/32.png) [@Mani\_Kan\_Dan](https://tradingqna.com/u/Mani_Kan_Dan)
#### Post date: [August 4, 2020, 3:09am UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/8 "2020-08-04T03:09:18Z")

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How about GoldBees?

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### Author: ![AJ007](https://tradingqna.com/user_avatar/tradingqna.com/aj007/32/62651_2.png) [@AJ007](https://tradingqna.com/u/AJ007)
#### Post date: [August 4, 2020, 6:19am UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/9 "2020-08-04T06:19:42Z")

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It stores gold on your behalf. Also you can get physical delivery when you want…

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### Author: ![akarsh\_ghale](https://tradingqna.com/user_avatar/tradingqna.com/akarsh_ghale/32/20837_2.png) [@akarsh\_ghale](https://tradingqna.com/u/akarsh_ghale)
#### Post date: [August 4, 2020, 12:18pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/10 "2020-08-04T12:18:56Z")

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Nope you can’t. You do not own any gold and do not get physical delivery.

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### Author: ![AJ007](https://tradingqna.com/user_avatar/tradingqna.com/aj007/32/62651_2.png) [@AJ007](https://tradingqna.com/u/AJ007)
#### Post date: [August 4, 2020, 12:45pm UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/11 "2020-08-04T12:45:22Z")

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Yes you do. Learn something new. [Big difference in gold ETF and SGB](https://tradingqna.com/t/big-difference-in-gold-etf-and-sgb/83240/5)

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### Author: ![tinkoo](https://tradingqna.com/user_avatar/tradingqna.com/tinkoo/32/74499_2.png) [@tinkoo](https://tradingqna.com/u/tinkoo)
#### Post date: [October 20, 2025, 5:42am UTC](https://tradingqna.com/t/1-unit-of-goldbees-share-how-many-grams-of-gold/86456/12 "2025-10-20T05:42:16Z")

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i am seeing this message in 2025 and 1 goldbees is 105.16 today
