willislifford: Investing in Gold

by Mike on September 19, 2011

The gold market has been very attractive to investors because of the incredible returns that it has generated over the past few years. Many investors are still looking to get into the gold market because they believe that the price of the precious metal is headed higher. There are a number of ways for metals investors to get a piece of the gold market. Here are a few of them.

Gold Coins

Gold coins are the easiest ways for investors to actually buy gold in a physical form. There are a number of websites and stores in which investors can visit to buy gold coins. Gold coins are more affordable than buying gold bars and can be easily stored in your home. The coins can be sold when the price appreciates to a level that you find acceptable.

Gold Bars

Gold bars may be the old fashioned way of holding gold but they are still available today. Companies like Goldline sell a number of different forms of gold bullion. Gold bars are sold in weights of 1 ounce or higher by gold dealers. The only drawback is that gold bars are expensive to buy because of their larger size and have to be physically stored in a safe location.

Gold Stocks

Gold stocks are a cheap way for investors to get access to the gold market and benefit from rising gold prices. Companies like Goldcorp have seen their stock prices take off since the price of gold crossed over $1,000 and ounce. Gold miners and refiners have been able to increase their bottom lines since gold prices have gone higher

Gold Funds

Sector specific mutual funds and exchange traded funds that invest in the precious metal have been increasing in the marketplace in recent years. Many gold funds tie themselves to the spot price of the precious metal so that investors can get the same return as the market price of gold.

All of these options are acceptable ways for investors to add a little gold to their portfolios. The best way for you to invest in gold will depend on your budget and investing preference.