There are many ways you can invest in Gold or Silver. It depends on your preference and what works best for you.
Some people like buying Gold or Silver jewelry as an investment. At the same time, others prefer buying art made out of Gold. Those that prefer not to buy Gold as art or jewelry invest in gold stocks from mining companies. Some invest in Gold ETFs and Gold mutual funds too.
Whichever approach you choose to invest in Gold, note that not every gold investment is a guaranteed hedge or a store of value.
The only way to invest in a tangible asset that hedges against financial turmoil is by investing in physical gold bars or gold coins and holding them at home or with a custodian.
Key Takeaways
- Investing in gold jewelry, gold art, gold stocks, or Gold ETFs, doesn’t provide direct ownership of physical Gold.
- Rollover your 401k or retirement account into a Gold IRA to invest directly in real Gold or purchase the Gold.
- You could store your gold at home or in a depository with a custodian.