The appeal of gold is its long-standing history as a store of value and its relative stability. In fact, the only time gold has been worth less than $1,000 per ounce was in 1971, at the end of President Richard Nixon’s administration.
To invest in gold, you’ll need to choose between two methods: buying physical gold or buying shares in a gold fund.
Buying physical gold is probably the most straightforward way to invest in gold. You can buy bullion bars or coins from a variety of sources, including your bank or local coin shop.
Gold Exchange-Traded Funds
A more convenient option for investors who want exposure to gold without having to deal with storing it themselves is an exchange-traded fund (ETF) or mutual fund that owns gold directly or through futures contracts. These funds can be bought through any brokerage account and are typically much less expensive than bullion because they don’t require storage fees or insurance costs. Gold ETFs are similar to mutual funds, except they trade like stocks on an exchange. You can buy these funds through any brokerage account or online broker. If you own the fund directly, the value of your holdings will be adjusted for the price of gold at the end of each trading day.
If you are searching for a good gold investment company – American Hartford Gold is a good option for investors who want to buy gold without having to worry about storing it themselves. This fund offers investors exposure to the price of gold without the expense or hassle of buying physical bullion. It’s also a good choice for those who want to add gold to their portfolio but don’t have enough money for an entire ounce. You can buy fractional shares with this fund, which means you can invest as little as $50 at a time.