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How to invest in gold: A guide to bullion, coins, funds and ETFs
We explain the best ways to invest in gold through funds, Exchange Traded Commodities (ETCs), bullion and coins.
The first pure gold coins were struck by King Croesus of Lydia (present-day Turkey) during his reign between 560BC and 547BC – and gold coins have continued as legal tender ever since.
Many years down the line, investors still love gold and the precious metal has proved a valuable winner in recent years.
Going for gold: The precious metal has cooled after a spectacular rise, but investors say it is still one for the long-term.
Update: Gold’s recent run
Gold hit record highs in September 2011, yet never went on to crack the $2,000 an ounce mark widely forecast at the time
The spot gold price, which is typically measured in US dollars, hit a peak of $1,920 during that month.
Some tipped it to soar beyond $2,000, but instead gold slipped and spent most of 2012 stuck in a range, shuttling back and forth between around $1,600 and $1,800.
A sell-off since December 2012 has seen gold drop as share prices have climbed.
The spot gold price stood at $1,571 or £1,040, at the start of this month. The dramatic falls of the past few days sent it down below £1,000 to £899 on 15 April.
At $1,370 gold is down 29 per cent on the peak.
Read More: http://www.stockgoldmarket.com/how-to-invest-in-gold-a-guide-to-bullion-coins-funds-and-etfs
