Business & Finance Investing & Financial Markets

The Best Method For Investing in Gold

    • 1). Buy shares in a gold mining company. Register with a stock broker who will advise you on companies whose stock you should buy. If you feel you have the ability to research and make these decisions yourself, you can skip the broker by signing up with an online stock-investing website. Buy shares in gold mining companies which have registered profit growth annually and show promise of more growth in coming years.

    • 2). Open a gold investment account. This is an account that is similar to a stock trading account. In this case, as a holder of the gold investment account, you will be able to buy and sell gold that is held in the account. You will not physically take possession of the gold but will benefit from the price appreciation.

    • 3). Purchase gold coins. Coins that are made of pure gold keep on changing in value with changes in the price of gold in the open market. You can always sell the coins when the profit margin is good. Some of the gold coins you can invest in include Krugerrand, Gold Buffalo and Gold Nugget.

    • 4). Purchase gold bars. Storing gold in form of gold bars is a common practice by various governments. You can purchase as many bars as you can afford and then sell the bars at a higher price later.

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