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      March 23, 2019

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How To Invest In Gold

Gold is a hot commodity these days, with everyone from amateurs to experienced investors looking to grab a piece of the golden pie. Unlike paper currency, gold is not subject to inflation or global uncertainty.

As with any investment, it is a good idea to know all the facts prior to taking the plunge and risking loss on your investment.

The price of gold has fluctuated wildly over the last year, with prices starting at $1,700 at the start of 2012, and spiking as high as $1,800 in October of that year. Despite the unpredictable change in value from one day to the next, it's never too late to invest in gold. While it is true that gold likely has hit its peak and will not climb any higher, it always will have value higher than paper currency.

But there are some things to know prior to investing.

The most important rule in gold investment is to allocate a fixed amount of money toward gold regardless of the current price. By doing so, it helps to spread out the risk over a period of time. It is recommended making an allocation of 3 to 10 percent monthly. More aggressive investors may want to allot 20 percent toward gold investing each month, but that is only recommended if there is an experienced money manager to assist in the monthly transactions.

There are four ways to invest in gold:

  • Gold Bullion Bullion is the term for gold in its physical forms: jewelry, bars and coins. Among the most popular form of gold bullion for investors is the gold coin. The trick to buying gold bullion is to buy it as close to its "spot" price as possible or within no higher than a 10 percent premium. Premiums higher than 10 percent will make it difficult for the investor to turn a profit. The price of gold would have to rise to that level or beyond for the buyer to make any money off of their investment, and that is unlikely to happen. Gold bullion can be stored at a number of places, including safety deposit boxes at local banks. There also are some gold-specific storage facilities across the United States.
  • Gold Exchange Traded Funds - Also known as ETFs, these are the best way to invest in gold without the hassle of finding a place to store it. A cross between mutual funds and individual stocks, ETFs are funds which offer instant diversification. A gold ETF is designed to reflect the true price of physical gold on the market. The most heavily-traded gold ETFs are, respectively, SPDR Gold Shares, iShares Comex Gold Trust and ETFS Gold Trust.
  • Gold Exchange Traded Notes Higher in risk than the previous two forms of gold investment, a gold exchange traded note trades on futures markets. Investors provide a bank or broker with money for an agreed upon time frame. When the investment time frame has been reached, the investor is paid a return that is based on the note's performance per the gold futures market. Depending on the performance, the investor can lose all of his money. This is one of the riskiest ways to invest in gold and is not recommended for first-time investors.
  • Gold Miner Stocks By far the riskiest way to invest in gold, this kind of investment has a 3 to 1 leverage in the actual price of gold and trades with the broader equity market. If an investor wishes to take this route which is not recommended he should locate a company with a history of strong production and reserve growth.

Buy Osisko Gold Royalties

Gold is uptrending. The bullion closed at $1,303.70 per troy ounce on the London market on Wednesday, up 1.6% year to date. The cumulative average of $1,303.24 per troy ounce so far this year is 2 ...

Published:  Thu, 21 Mar 2019 09:24:00 GMT



How to Buy Gold: Six Tips and Reasons to Buy in 2019

Learning how to buy gold is a worthwhile endeavor, as the precious metal is a Swiss army knife, from a financial point of view. Load Error At any given time, gold can be a "safe haven" investment, a ...

Published:  Thu, 21 Mar 2019 09:33:00 GMT



Asia Gold-India demand eases as traders defer buying; Singapore supply dips

MUMBAI/BENGALURU, March 22 (Reuters) - Demand for physical gold moderated this week in India as many jewellers held off on purchases ahead of the end of the country's financial year to pay off advance ...

Published:  Fri, 22 Mar 2019 06:56:00 GMT



Citigroup to sell more than $1B in Venezuelan gold in blow to Maduro regime, reports say

Citigroup Inc. plans to sell several tons of Venezuelan gold it received as collateral from the Maduro regime to settle the country's $1.6 billion loan after the deadline to repurchase the precious ...

Published:  Thu, 21 Mar 2019 02:12:00 GMT



Gold scores highest finish in 3 weeks as economic data feed global growth worries

Gold settled higher Friday, amid haven buying, overcoming strength in the U.S. dollar as investors reacted to fresh global growth fears and a recessionary alarm bell sounding in the bond market. Gold ...

Published:  Fri, 22 Mar 2019 11:16:00 GMT



Gershman, Citimark buy Gold Building, two adjacent properties

Indianapolis developers Gershman Partners and Citimark this week bought the iconic downtown office tower known as the Gold Building and two adjacent properties-the office building at 251 E. Ohio St.. ...

Published:  Sat, 23 Mar 2019 00:06:00 GMT



Citigroup to sell Venezuelan gold in setback to President Maduro: sources

CARACAS (Reuters) - Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela's central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month ...

Published:  Wed, 20 Mar 2019 12:08:00 GMT



Citigroup plans to sell Venezuelan gold held as loan collateral: Reuters

Citigroup (C-1.5%) plans to sell several tons of gold used as collateral by Venezuela's central bank on a $1.6B loan after the deadline for repurchasing them expired this month, Reuters reports ...

Published:  Thu, 21 Mar 2019 07:36:00 GMT



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