Gold's late May decline to its lowest levels in four months could mean now is the time to buy shares in SPDR Gold Trust ETF (NYSE Arca: GLD). GLD is down more than 8% since mid-March to a discounted price of $120.65 a share.
That makes the ETF, whose shares have been sought by the likes of world-renowned hedge fund managers, a value buy right now.
Here’s how SPDR Gold Trust ETF operates – and how it fits into your portfolio today...
gold mutual funds
How the Market Vectors Gold Miners ETF (NYSE Arca: GDX) Can Work for Your Portfolio
Gold mining stocks were hammered over the last two years. But the top gold mining investments, like Market Vectors Gold Miners ETF (NYSE Arca: GDX), are poised for a comeback.Here's why...
Why Gold Mutual Funds Are Attractive Investments
Gold mutual funds are gaining attention as a safe-haven investment to hedge against the market volatility 2014 has brought so far.
These types of investments are managed by professionals who analyze and monitor the movement of gold and invest accordingly in bullions and equities.
Here we examine one method for how to invest in gold, using gold mutual funds.Plus we’ve highlighted a few to get you started today…
Key Differences Between Investing in Gold Mutual Funds and Gold ETFs
An excellent way to achieve portfolio diversification and stability is to invest in gold. That's because gold has long been the safe haven investment from the travails of the dollar.
But there are several ways to invest in the yellow metal, including via gold mutual funds and gold ETFs.Both offer distinct advantages and disadvantages over each other in terms of helping gold bugs achieve their investment goals...