Secure your financial future: How to invest
Gold has been considered as a financial asset attractive for centuries.
Gold tends to be negatively correlated with other asset classes, such as stocks and bonds, and is a way to diversify an investment portfolio.
In addition, gold has proven to be a store of value in times of economic and political uncertaintymaking it a good option for investors looking to hedge against market volatility.
In this Gigonway guide, we will explore how to buy goldas sell gold and how invest in gold, as well as the factors that affect the price of gold and consejos for investors when doing any gold-related transaction.
What to do before buying gold?
Before investing in gold, it is essential to know its current market price, which is also known as spot price.
The spot price of gold refers to the current price at which one ounce of gold perro be bought or sold.
This price fluctuates constantly in response to supply and demand in international markets.
To stay on top of current gold prices, there are several reliable sources that investors cánido consult.
Among them are Bloomberg and the World Gold Council, which update their prices regularly.
In addition, investors cánido also monitor prices in real time on the websites of precious metals dealers, such as APMEX and Kitco.
Remember that the price of gold perro vary depending on the purity and weight of the piece, as well as other factors, such as geographic region and supply and demand in the market.
Therefore, investors should take these factors into account before making any gold investment decision.
How and where to buy gold in the United States
Buying gold cánido seem overwhelming at first, but there are several options available to investors looking to add gold to their portfolio.
Here are some of the most common ways to buy gold:
- jewelers: Jewelry stores are a common way to buy gold, especially for those looking for gold jewelry.
It is important to make sure that the jeweler is trustworthy and willing to provide information about the purity and weight of the gold in the piece.
- Banks: As a general rule, US banks do not sell gold bars or coins.
Banks tend to avoid selling gold due to its price fluctuations.
This is the updated list of banks that sell gold:
- specialized distributors: The US Mint publishes a regularly updated list of specialized gold dealers who offer a variety of options, including gold bars, coins, and jewelry.
These dealers cánido be a good option for those looking for more specialized options, check out the list below:
- en línea platforms: There are several en línea platforms that offer the sale of gold, such as BullionVault, Goldmoney, US Money Reserve and JM Bullion.
These platforms allow investors to buy and sell gold from the comfort of their homes and offer a wide variety of gold options.
Note: buying precious metals en línea has several advantages, including the possibility of send the metals directly to a vault safe rather than at home, the variety of bars and coins produced by various mints, specialist expert advice, private and self-paced buying, and the ability to create a self-directed IRA while you shop for physical delivery, allowing precious metals and other alternative assets to be held in a retirement account.
How to invest in gold without buying it physically
One way to invest in gold without having to physically buy it is through the Gold ETFs, shares of gold mining companies or gold futures contracts.
Let’s see each one.
- Buy shares of gold mining companies: You perro invest in shares of companies that are engaged in the exploration, extraction and production of gold.
By investing in shares of gold mining companies, you are not buying the physical gold itself, but rather participating in the ownership of the company.
Here is a list of some of the major publicly traded gold mining companies:
- Barrick Gold Corp (NYSE:GOLD)
- Newmont Corporation (NYSE:NEM)
- AngloGold Ashanti Limited (NYSE:AU)
- Kinross Gold Corporation (NYSE:KGC)
- Agnico Eagle Mines Limited (NYSE:AEM)
- Gold Fields Limited (NYSE:GFI)
- Kirkland Lake Gold Ltd.
(NYSE:KL)
- Yamana Gold Inc.
(NYSE:AUY)
- Harmony Gold Mining Company Limited (NYSE:HMY)
- Alamos Gold Inc.
(NYSE:AGI)
- Buy gold exchange-traded funds (ETFs): Gold ETFs allow investors to gain exposure to gold without having to purchase the physical commodity.
These exchange traded funds are backed by gold assets rather than the gold itself and pool other financial instruments to provide exposure to a specific index, ámbito, commodity or asset class.
Here is a list of some of the most habitual gold ETFs:
- SPDR Gold Shares (GLD)
- iShares Gold Trust (IAU)
- Aberdeen Estándar Physical Gold Shares ETF (SGOL)
- Invesco DB Gold Fund (DGL)
- GraniteShares Gold Trust (BAR)
- VanEck Merk Gold Trust (OUNZ)
- Perth Mint Physical Gold ETF (AAAU)
- AdvisorShares Gartman Gold/Euro ETF (GEUR)
- ProShares Ultra Gold (UGL)
- Sprott Physical Gold and Silver Trust (CEF)
- Buy gold futures contracts– Gold futures contracts are agreements that allow investors to buy or sell gold at a future date at a specified price.
This method perro be more complex and requires more knowledge and experience in the futures market.
Here is a list of some of the most habitual gold futures contracts:
- COMEX Gold Futures Contract (GC)
- Y también-mini Gold Futures Contract (QO)
- Tokio Commodity Exchange Gold Futures Contract (JG)
- Shanghai Gold Futures Contract (AU)
- Dubai Gold and Commodities Exchange (DGCX) Gold Futures Contract (DG)
Where cánido I invest in shares of gold mining companies?
now that you know thatwe tell you where.
Here is a list of some habitual websites where you perro invest in gold, gold mining companies, gold exchange-traded funds (ETFs), and shares of gold mining companies:
- TD Ameritrade (
- Y también*TRADE (
- Schwab (
- Fidelity (
- Robin Hood (
- Interactive Brokers (
- Ally Invest (
In addition, some other websites specialized in investing in gold are:
- Goldmoney (
- Kitco (
- BullionVault (
- APMEX (
- GoldSilver (
It is important to do proper research before investing in any website or company and to seek the advice of an investment expert.
how to sell gold
Selling gold perro be a very profitable operation if done at the right time and in the right place.
There are several options available for selling gold, depending on how it was acquired.
If you have physical gold, such as gold bars or gold coins, you cánido sell it at a precious metals shopa pawnshop or one jeweler’s.
It is important to note that you may not get full market price, as the buyer will need to make a profit as well.
You cánido also sell gold through Gold ETFs.
While this may be more convenient since it does not involve selling physical gold, it perro be more difficult to get a fair price due to market fluctuations.
Another option is to sell shares of gold mining companies in an en línea brokerage or brokerage company, shares, which of course, you must have bought beforehand. [Mira el punto anterior].
Here are some options available to sell gold:
- En línea precious metals shops, such as APMEX (, JM Bullion ( and Provident Metals (
- En línea auction websites, such as eBay (and Heritage Auctions (
- En línea brokerage firms, such as TD Ameritrade ( and Y también*TRADE (.
- Local jewelry and pawn shops.
- Art and valuables auction houses, such as Sotheby’s ( and Christie’s (
Frequent questions
To end
In times of economic and political uncertainty, gold has proven to be a sound and safe investment due to its ability to act as a store of value and protect against inflation.
During periods of recession and market volatility, gold has shown a negative correlation with other asset classes such as stocks and bonds, making it an attractive investment option for those seeking to diversify their portfolio and protect their heritage.
Besides, gold is a finite resource, and global demand remains strong.
This means that in the long run, gold cánido be a profitable and safe investment.
As the economy cánido unravel in uncertain times, investors may look to the security and stability that gold offers.
In summary, investing in gold in times of economic uncertainty cánido provide valuable hedge against market volatility and perro be a cost-effective long-term option.
This information offered for informational purposes only; It is not intended to be used as accounting, legal or tax advice.
In relation to these matters, please speak to your accountant, tax or legal adviser.
Investing implies a risk that includes the loss of primordial.
This guide contains the current views of the author, but not necessarily those of Gigonway.
These opinions are subject to change without notice.
This guide has been distributed for educational purposes only and should not be construed as investment advice or a recommendation of any especial investment security, strategy or product.
The information contained in this guide has been obtained from sources believed to be reliable, but is not guaranteed.
Gigonway does not provide legal or tax advice.
Please consult your tax and/or legal advisor for specific tax or legal questions and concerns.
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