How to Invest in Gold
How to Invest in Gold
Gold is a time-honored hard asset, prized for its rarity and low reactivity. The precious metal has been part of the global economic system since the time of ancient Egypt. Today it’s not used in regular commerce, but it is still a common investment asset.
Investors over the centuries have used gold to stockpile and safeguard wealth as well as hedging against financial risk. But how do you get in on it?
Gold Investment Options
The oldest way to invest in gold is by buying physical gold. This includes bars, coins and rounds. This is the traditional way of investing but is more challenging logistically than some other methods because of the lead time of ordering and the problems that can come from storage and insurance.
Newer methods of gold investing include gold stocks, ETFs and futures. These are far more convenient because of electronic trading, but don’t have direct exposure to gold and can’t be cashed out physically. Gold stocks and ETFs in particular don’t have a direct relationship to the gold price, as other factors come into play — these include geographic location of mines, what assets are included in an ETF and the state of mining logistics.
There is a way to get the best of both worlds, though.
The Smarter Gold Investing Choice
OneGold combines the safety and security of physical gold with the ease of use of stocks and ETFs. Usually when you buy or sell gold you have to figure out the return on investment, the shipping, the insurance and any change in value. Often, you’ll pay between 5% and 8% extra over and above the price of the gold, to say nothing of any premium that’s added in for coins that have some collectible value. With OneGold you get a transparent look at the price of gold, your storage fees and the costs of any trade.
OneGold also allows investment of even small amounts. You can buy as little as 1/1000 of an ounce of gold, as little as $2 investment. You don’t have to pay sales tax on it either. And there are no delivery costs.
You can cash out your OneGold account and put it into coins, rounds or bars as well. Unlike ETFs or stocks, OneGold is backed 1:1 by precious metal that you can get delivered to your doorstep.
Sprott and APMEX guarantee the security and storage of your precious metal assets to give you peace of mind. Gold bought through OneGold is stored in vaults and storage facilities that are designed to keep your hard assets safe.
OneGold is the right choice for gold investors. To summarize:
- Purchase in any increment.
- Pay close to wholesale prices.
- No sales tax.
- No delivery costs.
- Independently verified transactions.
- Low storage and insurance costs.
- 24/7/365 buying and selling.
Start your free account today and discover the OneGold difference.
A guide to investing in gold.
A guide to investing in silver.
A guide to investing in platinum.