Pros:
lower spreading compared to banks

short term trade (1 months to 3 years) wise, better than bank rates i would say

Cons:

but have small management fee annually

low volume, may need to sell below market price if low demand

Gold etf is good for those who are speculating gold price will increase within 1 to 3 years. Or else would better for you to buy gold via gold investment account with cimb or uob 😀