Anonymous asked in Education & ReferenceOther - Education · 1 decade ago

How would one go about investing in Gold?

Do you buy stock??? What are the pro's and con's of owning gold?

How would you go about buying it???

2 Answers

  • Anonymous
    1 decade ago
    Favorite Answer

    Two possible ways. Buy GLD, a gold index fund where 1 share is equivalent to 1/10 oz of gold. Or buy ABX the largest gold mining company. The advantage of ABX is leverage if the price increases dramatically. Visit this site

    To get free tips from Wall Street Professionals and receive reports, charts and strategies on investing in gold.

  • Anonymous
    1 decade ago

    The pros are that you can pawn gold. The cons are that you cant spend gold on small things.

Still have questions? Get your answers by asking now.