Investing in gold is a great way to diversify investment portfolios, hedge against a financial crisis, and even protect against inflation. But with so many different types of gold to buy, finding the right gold investment can be a difficult task for retail investors.
Money Morning's Resource Specialist Peter Krauth is a 20-year veteran with special expertise in precious metals.
He recently gave our readers a snapshot at the best ways to invest in gold...
how to buy gold
New Gold Price Chart, Plus the Latest Gold News
Gold shifted higher today (Monday) following recent record lows – our up-to-date gold price chart shows that in late May, gold tumbled to its lowest level in four months, to $1,243.00.
Gold for August delivery was up 0.1% at $1,253.90 a troy ounce on the Comex division of the New York Mercantile Exchange. London gold was up 0.1% at $1,253.77 an ounce.Here’s the top news affecting the yellow metal right now…
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…
A Gold Price History from Nixon to Obama
Analysts look to the gold price history as a tool to make predictions about the yellow metal's direction.
A good place to start when examining the gold price history is the 1970s. Up until the early '70s, gold prices hardly fluctuated by more than a dollar or two.
But U.S. President Richard Nixon, who was in office from 1969-1974, decoupled the dollar from gold in 1971 due to various economic pressures.And this had a major effect on where gold went after that…
Why the Gold Spot Price Is Hovering So Low
Last week, the gold spot price tumbled to its lowest level in four months, to $1,243.00.
Tuesday, the gold spot price hit another four-month low early on, but ended the day hovering around last week's low levels, at $1,245.80. August Comex gold was up $0.90 at $1,245.00 an ounce.Here’s what’s weighing on the yellow metal – and what to watch that could affect gold prices this week.
New Gold ETF OUNZ Offers Something Different to Investors
A new gold ETF, Merk Gold Trust ETV (NYSE ARCA: OUNZ), was launched on May 16, 2014. It seeks to corner an often-neglected part of the investment market: goldbugs who like to hold onto tangible gold.Here’s how this new gold ETF works...
Gold Price Per Ounce at a 16-Week Low – Here's What Is Going On
Today (Friday), gold price per ounce fell under $1,250 an ounce to a 16-week low. Prior to this five-day losing streak, gold price per ounce has been stuck in a tight trading range for weeks, struggling to consistently trade above the key $1,300 an ounce level.Here’s what’s driving gold price per ounce, and how to play the yellow metal in 2014…
Gold futures for August delivery fell by 0.8% to $1,246.50 an ounce this morning on the Comex in New York. And earlier, the price touched on $1,244.50, the lowest for a most-active contract since Feb. 3, according to Bloomberg.
Why Today's Gold Price Is Going Down
Today's gold price was modestly lower Wednesday after Tuesday's rout left the yellow metal at its lowest level in 15 weeks.
In morning trading, the most active contract, August Comex gold, slipped $8.40, or 0.67%, at $1257.10. Spot gold was lower by $6.90, or 0.55%, at $1,256.40.So why are gold prices going down today?
A Gold Investing "Cheat Sheet" for 2014
With gold prices at roughly $1,300 an ounce, many investors are asking themselves if now is the time to invest in gold.
I think that's the wrong question.
What they should be asking themselves is if they can afford not to buy it right now.The case for gold investing has never been more clear - just take a look...
Not All Gold Is Created Equal: What to Know Before You Buy
If you own gold, or are thinking of buying some, here's something you need to consider...
It's not all the same.
Some, like fake gold-painted lead ingots, has no value whatsoever.
Some gold said to be in storage or in the ground may not even be there at all.
There are a number of aspects of gold's quality, whether it's real or even exists, that every investor needs to know...Full Story
Gold Prices Today Fighting for Higher Close
Global central banks and geopolitical concerns guided gold prices this week - mostly lower. But the price of gold bucked the trend Friday and were modestly higher in morning trading.Read on for a closer look at what’s moving gold prices today, and what’s ahead in 2014.
Gold Price Today Has Best Close in a Month
The gold price rose over the key $1,300 level Friday as tensions in Ukraine once again neared a boiling point.
At Friday's close on the Comex, gold for June delivery settled at $1,302.90, up $19.50 for the day, its best close in a month. Spot gold, which traded as high as $1,306 in Friday's session, was last up or $16.70, or 1.3% to $1,302.60, putting the yellow metal on pace for its biggest gain since April 4.Here’s what pushed the price higher after four losing sessions for the yellow metal.
China Holds the Keys to the Gold Market
Last year China's private-sector demand for gold reached a record level of 1,132 tonnes, and according to the World Gold Council (WGC), the Asian nation could easily dominate the gold market once again, as they predict demand growing 20% by 2017.
This updated projection from the WGC confirms that China's love for the precious metal remains robust.Here's what's driving China’s ever-growing hunger for gold...
Profit from These Two Gold Mining Stocks as Prices Rise
With gold prices crossing $1,300 an ounce last week, Money Morning's Resource Specialist Peter Krauth has pinpointed gold mining stocks that are set to cash in on the rising price of gold.
Gold prices suffered in 2013, down 28%. But these gold mining companies strengthened their operations during a down gold market, and are poised to capitalize with gold prices recovering.As gold prices climb, these companies offer great profit opportunities...
Gold Prices 2014: Do What Goldman Does, Not What It Says
That Goldman Sachs keeps calling for gold prices to fall in 2014 is looking more and more suspicious. It's not just that the investment bank has been spectacularly wrong about gold over the years.
While publicly advocating others to sell, Goldman is usually buying -- and vice versa.Just take a look at how Goldman has been exploiting the market to its advantage…