How Do You Invest In Gold With Exchange-Traded Funds?
Gold is the most popular precious metal investors buy gold as a hedge against more risky investments. Investing in gold has always been a safe way to insure a portfolio’s stability. There are several different ways to invest in gold. Gold is invested by direct ownership or indirect ownership using certificates. Step 1 The most conventional way of investing in gold is by buying bullion gold bars. The disadvantage to buying bullion gold bars is storage. You will need to get a secure safe or put it in a bank. Step 2 The most popular way of holding gold is buying gold coins that weigh one troy ounce like South African Krugerrand, Canadian Gold Maple Leaf, American Gold Eagle, American Gold Buffalo, and Chinese Panda. Gold coins can be worth more than the value of gold because they are collectables. Step 3 The easiest way to invest in gold is through gold exchange-traded funds (GETFs) it is the same as buying stock in a company. Instead of owning shares in a company, you own shares in a gol
