Gold ETFs and Mutual Funds
Gold ETFs and mutual funds are a convenient way to gain exposure to the price of gold without the hassle of storing physical gold. These funds buy and hold gold on behalf of their shareholders. They track the price of gold, allowing investors to profit from gold’s price movements without owning the metal directly.
Gold Mining Stocks
Investing in gold mining stocks is another popular method. By buying shares in gold mining companies, you’re betting on the profitability of their operations. These stocks can offer higher potential returns than physical gold or gold ETFs, but they also carry greater risks, including operational and geopolitical risks.