Things You'll Need:
- Online bank account
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Step 1
The most conventional way of investing in gold is by buying bullion gold bars. The disadvantage to buying bullion gold bars is storage. You will need to get a secure safe or put it in a bank.
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Step 2
The most popular way of holding gold is buying gold coins that weigh one troy ounce like South African Krugerrand, Canadian Gold Maple Leaf, American Gold Eagle, American Gold Buffalo, and Chinese Panda. Gold coins can be worth more than the value of gold because they are collectables.
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Step 3
The easiest way to invest in gold is through gold exchange-traded funds (GETFs) it is the same as buying stock in a company. Instead of owning shares in a company, you own shares in a gold mine.
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Step 4
Another easy way to own gold as an investment is buying gold certificates because you do not have to worry about storage.
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Step 5
Decide what way would be best for you to invest in gold. Check live ticker prices for gold at monex. Look at the resources below for more information on gold investments.
