Sunday, September 30, 2012

How many way to invest in Gold?

If you want to invest in Gold, at least there are three ways.

First, you buy a real Gold Bar. However, the problem is it's too heavy and difficult to move around. Another problem is you need to find ways to part it or keep it in safe place. (and to buy insurance just in case of theft protection)

The other way, you can go to bank to save the Gold, they will give you password account to record down how many grams of Gold you invest. For example, you can go to local bank (Maybank, CIMB or Public Bank) to open Gold Investment Account: http://bursastory.blogspot.com/2012/06/maybanks-gold-investment-go-online.html

The above 2 methods are mean for those who want to buy Gold for medium to long term. However, if you would like to trade Gold (Buy and Sell in short to medium term) then you may opt for SPDR Gold Share. This is similar to ETF (Exchange Trust Funds) or people call this SPDR Gold Trust, the fund which invested into Gold. For Asian, I recommend to invest in Hong Kong SPDR Gold Shares under the code 2840.

For details of 2840, you may visit the below link, go through their frequent ask question, they are very informative :
http://www.spdrgoldshares.com/sites/hk_en/
.

2 comments:

  1. Investment in gold ans silver is good idea so you can buy and sell gold which can help to invest in gold and silver.
    US Gold Bureau

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