any investors are interested in investing in gold. Some are wanting to add gold to their portfolio as a way to better diversify their investments, and others are looking to invest in gold because they feel it will be a good investment due to an upcoming recession and weakening of the U.S. dollar. Investors have also traditionally found gold to be a good investment to hedge against inflation, since its price tends to increase when the cost of living rises. It has also been found to be a great investment for deflation protection and general geopolitical uncertainty.
Luckily, for modern investors, investing in gold is actually quite easy. No longer do you need to gain physical possession of gold bars or gold coins. Not only are there hassles in obtaining and transporting gold, but there are also risks with “stashing it” or keeping it safe over time.
The easiest way to invest in gold, in my opinion, is by way of a gold exchange traded fund (ETF). These funds are managed by gold experts, which gives you a better chance of earning and provides you the conveniences provided by an ETF.
Please note, there are a number of gold related ETFs available to investors. Some of these funds include gold mining companies, while some are dedicated solely on the purchasing of physical gold.
The 5 gold ETFs featured below are all funds that focus more on physical gold, rather than mining companies, etc.
If you are looking for the best way to invest in gold, you really ought to consider holding some gold ETFs like the ones mentioned above. Below is a current performance snapshot for the 5 gold ETFs mentioned above.