Thanks both for your thoughts which are very much appreciated...what I take from this is that I should select an unhedged fund denominated in GBP.

Thanks again for your input!

Hi, I'm a PP newbie from the UK and would be grateful for any advice you may have on the suitability of Gold ETFs that are "hedged" to reduce the impact of currency variations. The only two funds I've found that I'm able to use within a UK tax-deferred pension wrapper I have are the XTRACK...