How do I invest in gold in my brokerage account without using the futures markets?
Question:
Answer:
Buy the symbol GLD. It's an ETF Gold Trust is an investment trust whose shares strive to reflect the performance of the price of gold bullion, less the Trusts expenses.
You could maybe, invest indirectly.. buy ( mining and drilling or machinery companies stock...etc
Best of luck.diversify ok
check this company GG
There are at least 3 ways.
1. buy GLD. It is an index fund indexed to the price of gold. It trades like a stock less expenses.
2. buy shares in a gold mining company such as ABX or several dozen others that are available.
3. buy options in shares of a gold mining company. That gives you your greatest leverage and also your greatest risk.
4. you can also get leverage by buying shares in a marginal gold mining company--one that is marginally profitable. An increase in the price of gold means a big increase in their profits. ABX is probably the most profitable gold mining company so it gives you the least leverage, but is a relatively safe investment.
buy the miners
You can buy a Gold Mine.
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