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1. the money is collected through the fees you mentioned for u100g delivery and through the slightly different price per gram when buying shares in the ETC. Example: 1g gold on the exchange for 81€. When buying via the EGC €81.20. Plus the associated fees on delivery.
2. exactly. The risks consist of embezzlement, mismanagement or simply (and this is the most acute
most acute case) by a loss in the price of the gold. E.g. you bought gold for 5000€, gold is suddenly only worth 1€. You can imagine the probabilities yourself.
3. the difference lies in the investment behavior of investors. With EUWAX 2, delivery to the nearest gram is possible, which can also have a corresponding impact on tax treatment.
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@InvestmentPapaThank you very much for the descriptions! Then the EUWAX 2 seems to be the best choice. Is it only possible to deliver EUWAX 1 in other denominations, e.g. min. 1kg, or is there more to it?