Ways You Can Make Money With Gold

Investing in gold can mean a lot of things here are some ways to trade

When investing in a commodity like Gold or Silver there are a lot of ways you can do it.?? Each way has a different set of risks and rewards.? Let?s say you think the price of gold will go up.? You can either buy straight up gold coins, a gold stock, a gold mining company, a gold ETF (GLD), or a ETF/mutual fund that invests in gold mining stocks.? That is a lot of options to choose from.

Read what the experts say on how to invest in gold.

If you?re interested in pure exposure to gold, a better bet is an exchange-traded fund, such as the?SPDR Gold Trust?(ticker: GLD), which aims to track the spot price of gold bullion. ?There?s more liquidity and transparency with a fund,? he says. ?But you?re still going to see dramatic swings.?

The one thing to consider owning is gold coins.? While this is not the most lucrative option because you have to pay fees to broker, then you have the risk of storing the coins in your house where they could stolen or destroyed in a flood or other natural disaster.? Using gold coins you at least know they will always be valuable if there was a doomsday scenario and paper money becomes worthless.

The best way to make money when investing in gold.