iShares Gold Trust Micro
iShares Gold Trust Micro (AMEX: IAUM) is an exchange-traded fund listed on NYSE Arca, trading at $41.62 (about ₹3,998 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.09%. Indian residents can buy IAUM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$41.28
Today's high
$41.62
52 week low
$38.01
52 week high
$55.27
IAUM opened at $41.41, closed previously at $41.08, and has traded between $38.01 and $55.27 over the past 52 weeks.
About
The iShares Gold Trust Micro, known hereafter as 'the Trust,' aims to generally mirror the price movements of gold. This Trust operates under a distinct regulatory framework compared to traditional investment vehicles, as it is not registered as an investment company under the 1940 Investment Company Act. Consequently, it is exempt from the same regulatory obligations that apply to mutual funds or ETFs governed by that Act. Additionally, the Trust is not classified as a commodity pool for the purposes of the Commodity Exchange Act. Before committing to an investment, prospective investors are strongly encouraged to thoroughly review the prospectus, which contains important information, including detailed risk factors.
Key statistics
Expense ratio
0.09%
Assets (AUM)
$7.8B
Holdings
—
NAV
$41.29
Avg. volume
—
1-year price change
+9.01%
5-year price change
+137.15%
Price change excludes dividends.
Top holding
These 1 are 100.0% of the fund.
How to buy IAUM from India
Indian residents can buy IAUM units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search IAUM and buy
Find the fund by its ticker, IAUM, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in IAUM from India
Trading and taxes when buying IAUM from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the IAUM price today?
iShares Gold Trust Micro (IAUM) last traded at $41.62 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹3,998 a unit at the 29 Sep 2026 USD/INR rate.
When does IAUM trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is IAUM, and what does it cost to hold?
iShares Gold Trust Micro manages about $7.8B. Its expense ratio is 0.09% a year, deducted inside the fund. It launched in 2021.
What are IAUM's largest holdings?
Its largest holding is Physical Gold (100.0%).
How are gains on IAUM taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of IAUM?
Yes. You can buy IAUM by amount rather than by whole unit, and there is no minimum trade size.
How has IAUM performed?
IAUM's price is up 9.0% over the past year and up 137.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.