Gold has long been a robust choice of investment for many private investors. With Gold prices hitting recent highs and new highs forecasted by many analysts, this is a perfect time to invest in Gold. Dylan Grice, an analyst at Societe Generale, captured headlines at Financial Times by forecasting that the price of Gold may reach $6,300 in the long run. Jim Rogers, the renowned commodities investor, financial commentator and co-founder of Quantum fund with George Soros, said in an interview with TheStreet.com that Gold will hit $2,000 within a decade.
With a potential for high return of investment, Investing in Gold can be the right thing to do for many private investors. So what are the options available for private Investors?
Buying Physical Gold
Buying physical Gold might not be as difficult as one might think. Gold can be bought as coins, bullions or bars from coin and bullion merchants. Gold bullions are considered, as the most guaranteed and most liquid form of investment in Gold. Many bullion and coin merchants offer both online and offline services to private investors. IBTimes has selected few, reputable and trustworthy Gold bullion merchants that are featured in this section.
Investing in Gold ETFs
Another option is to invest in Gold Exchange Traded Funds such as the ETF Securities' Physical Gold (ticket: PHGP). ETFS Physical Gold £ (PHGP) are designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. PHGP is intended to provide investors with a return equivalent to movements in the gold spot price less fees. However, ETFs might not suit many of the private investors and is more of a preferred option for institutional investors.
Buying Stocks in Gold companies
As the gold price is on the rise, investing in stocks of Gold mining companies also becomes a viable option for investors. However, it is ideal for investors who are good stock pickers and those who understand the volatility of the stock market and the mining sector. In the same interview with TheStreet.com Rogers says “The studies show that you would make more investing in commodities themselves rather than commodity stocks unless you are a very good stock picker.”
Disclaimer notice: The Investing in Gold section at IBTimes is for information purposes only. It is not investment advice and should not be relied on for investment. Please consult an independent financial advisor for advice on investing. IBTimes cannot be held responsible or liable for any of the information provided in this page. The featured merchants content are commercial information provided by the bullion merchants. IBTimes does not accept responsibility or liability for the accuracy of the featured content or consequence for the usage of this information.