Top 7 ASX Gold ETFs in 2025
The price of gold reached record highs in 2025, driven by global economic uncertainty stemming from shifting US trade policy and escalating geopolitical tensions in the Middle East.
For many investors, gold is a tool for diversification. The precious metal is known for its ability to act as a safe haven and hence operates as a protective option when building a balanced portfolio.
Gold exchange-traded funds (ETFs) give investors a relatively easy way to get exposure to physical gold without having to worry about the extra hassle of buying and storing the metal — not to mention insuring it. Gold ETFs can also track a basket of gold-focused stocks, allowing investors to spread risk instead of betting on individual companies.
Below the Investing News Network has listed the five ASX gold ETFs and exchange-traded products (ETPs) that provide exposure to physical gold, and the two ASX gold ETFs that offer exposure to gold companies. These ETPs are listed by assets under management, and data was retrieved from each company’s website on June 23, 2025.
1. VanEck Gold Miners ETF (ASX:GDX)
Total assets under management: AU$16.1 billion
Unit price: AU$52.47
The VanEck Gold Miners ETF provides investors with exposure to the largest global gold producers and royalty companies involved in the precious metals space.
Its top holdings include Newmont (TSX:NGT,NYSE:NEM,NGT:CA,ASX:NEM) with a weight of 12.67 percent, Agnico Eagle Mines (NYSE:AEM,AEM:CA) at 11.96 percent and Wheaton Precious Metals (TSX:WPM,NYSE:WPM) at 7.91 percent.
This ETF also offers exposure to Australian gold miners, with just over 11 percent of its holdings allocated to Australian gold operators, including Northern Star Resources (ASX:NST,OTC Pink:NESRF) with a weight of 3.67 percent and Evolution Mining (ASX:EVN,OTC Pink:CAHPF) at 1.94 percent.
GDX provides a yearly dividend, with its most recent paid out at AU$0.4025 per share on December 23, 2024. The ETF has a management fee of 0.5 percent.
2. Global X Physical Gold (ASX:GOLD)
Total assets under management: AU$4.72 billion
Unit price: AU$47.84
Previously known as ETFS Physical Gold, Global X Physical Gold is an ETP that promises a “low-cost and secure way to access physical gold via the stock exchange,” while avoiding the struggle of storage.
The entity is backed by gold held in a London vault by JPMorgan Chase (NYSE:JPM). Investors can redeem shares for physical gold, not just the cash equivalent; however, this comes with a fee of AU$1,000 per redemption. Global X’s website suggests that for smaller orders, a more cost-effective option is selling units on the secondary market.
This ETP has a management fee of 0.4 percent.
3. Perth Mint Gold Structured Product (ASX:PMGOLD)
Total assets under management: AU$1.5 billion
Unit price: AU$52.10
Owned by the Western Australian government, Perth Mint Gold Structured Product is an ETP that tracks the international price…
