Find the Best Gold Investment Companies for Your Investment Goals
- Precious metals, such as gold and silver, can be converted into cash, held as assets, held for investment purposes, or converted into cash at a future date.
- Gold bars, coins, and bullion coins can be purchased from mining companies, from industry dealers, from private mints, and from brokerage firms.
- Investing in precious metals such as gold and silver can be a great way to diversify your portfolio.
Investors have a wide range of investment options available to them, including precious metals. Gold and silver can be converted into cash, or they can be held as assets, held for investment purposes, or converted into cash at a future date. Gold bars, coins, and bullion coins can be purchased from mining companies, from industry dealers, from private mints, and from brokerage firms.
Asset Allocation
Your asset allocation will obviously depend on your investment goals. If you are retired, then you will want to invest in gold as one component of your retirement portfolio. Gold bullion, gold ETFs, gold stocks and gold mutual funds are all good options for gold investing.
Gold has historically exhibited a negatively correlated relationship to the stock market, so if you own stocks in a bull market, gold can help you offset risk. Holding gold bullion in a retirement portfolio can provide protection against inflation and recession.
Gold can also be used as a hedge against fiat currency depreciation. There are many reasons why investors may want to buy gold bullion.
Top Gold Investment Companies
* SPDR Gold Shares (GLD)
* iShares Silver Trust (SLV)
* Sprott Physical Gold Trust (PHYS)
* iShares Silver Trust (SLV)
* VanEck Vectors Gold Miners ETF (GDX)
* ETFS Physical Swiss Gold Shares (SGOL)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Trust (GLD)
* ETFS Physical Swiss Gold Shares (SGOL)
* ETFS Physical Swiss Gold Shares (SGOL)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Maple Leafs (GLD)
* ETFS Physical Swiss Gold Shares (SGOL)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Silver Shares (SLV)
* ETFS Physical Swiss Gold Shares (SGOL)
* ETFS Physical Swiss Gold Shares (SGOL)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Silver Shares (SLV)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Silver Shares (SLV)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Silver Shares (SLV)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Silver Shares (SLV)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
* ETFS Physical Gold Shares (GLD)
SPDR Gold Shares ETF (GLD)
The SPDR Gold Shares ETF (GLD) is a fund that tracks the price of gold bullion. It is the largest gold ETF in the world with holdings of 933.82 metric tons as of April 15, 2021.
The fund's expense ratio is 0.40%. Because of its size, GLD is likely the best gold investment choice for larger investors.
SPDR Gold Trust (GLD)
The SPDR Gold Trust (GLD) is a trust that holds physical gold. Each share represents one-tenth of an ounce of gold. GLD is traded on the major stock exchanges and can be bought and sold like stocks.
The trust is the second-largest gold exchange-traded fund (ETF) in the world, behind iShares Gold Trust (IAU). GLD is traded in units of 100,000, which are called "units" or "shares."
iShares Gold Trust (IAU)
The iShares Gold Trust ETF (IAU), which tracks the price of gold bullion, is a good option for investors who are risk averse. The fund is priced daily and does not require you to take physical delivery of gold. IAU also provides investors with some diversification in that its holdings include bullion, gold certificates, and certain gold-linked futures contracts.
Gold IRA: Should You Open One To Save For Retirement?
The Bottom Line
As an investor, your decision to invest in gold stocks should be based on your goals. If you want to increase your net worth, consider investing in a gold stock that trades at a low price-to-earnings multiple or pays a dividend. If you want to receive regular income from gold, consider investing in a gold producer.