Five Ways to Invest in Gold

Source:

"A recent survey shows that nearly half of U.S. investors don't believe they're knowledgeable enough about the precious metal to make a decision about adding gold to their portfolios. The World Gold Council highlights these five options to get investors started."

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MetroWest Daily News

Despite gold's increasing value and popularity, many folks don't know where to get started. A recent survey shows that nearly half of U.S. investors don't believe they're knowledgeable enough about the precious metal to make a decision about adding gold to their portfolios. The World Gold Council highlights these five options to get you started:

1. Gold Exchange-Traded Funds (ETFs): Since 2004, U.S. investors have been able to buy exchange-traded funds (ETFs) backed by physical gold through their brokerage accounts on a regulated stock exchange, just like a share of a company's stock. Ownership of gold ETF shares provides investors with a vehicle that reflects the performance of the price of gold bullion, less expenses of the ETF. With these gold ETFs, individuals do not need to physically store gold, so no need for a safe or safety deposit box. Different types of gold ETFs are available on the market but not all are 100%-backed by physical gold, so read the prospectus carefully and ask your financial adviser to help you select the one that best suits your needs. . .View Full Article

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