How to Invest in Gold: A Guide for Beginners

Investment in gold and precious metals is increasing in popularity, and for good reason. Find out why and how to invest in gold with this beginners guide.

With all that’s going on in the world, some concerns have been raised about our current financial system. What happens if something goes wrong that causes your currency to lose value?

That’s why people invest in gold. It’s long been the most heavily valued precious metal in the world.

There are many ways to start investing in gold, so it pays to know your options. One way is by purchasing physical gold, which is available as coins or bars from reputable dealers offering gold for sale. Keep reading to learn how to invest in gold with success.


If you’re looking at one of the most common ways for investing in gold, look no further than gold jewelry. Buying jewelry has long been considered one of the best ways to accumulate and store wealth. After all, you have a valuable item that has a good chance of going up in value over time with the price of gold.

Make sure you learn about the type of gold jewelers use to create their items. Ideally, you want only to buy jewelry that’s at least 14k or higher. Anything lower will lower the value of what you purchase and make it harder to sell to gold investors.

Gold Certificates

A certificate is another way to own gold without holding on to the physical bar. You work with a company that issues the certificate and are allowed to trade in your certificate for the amount of gold you own at any time.

Of course, you must trust that the business that issues you the certificate will stay true to its word. A gold ETF or IRA would likely be a better option if you want gold exposure.

Gold ETF and IRA

If you want to invest in gold without physically owning bars, a gold ETF and IRA are great ways to invest. It is even possible to transfer your existing 401k into a Gold IRA. For more information on this please see this 401k to gold ira rollover guide.

A gold ETF is a share of a company that invests in gold. You get charged a fee to participate in the ETF, but you get the upside of price increases in gold without owning the physical bar.

A gold IRA is much like a regular IRA. It acts as a vehicle for retirement. If the economy suddenly takes a plunge and your traditional IRA goes down, the chances are good that your gold IRA will remain safe.

Check out this analysis by Christopher Horne to learn more about investing in gold IRAs.

Gold Bars and Coins

Your other option for physically owning gold is gold bars and coins. Unlike jewels, gold bullion is made entirely of gold.

You don’t need to worry about making sure what you buy is a certain karat, either. There isn’t any filler making up your gold.

Of course, you can have issues with storage if you want to hold a lot of gold. You’ll need to make sure you have enough room to safely and securely store all your investment.

Now You Know How to Invest in Gold

Gold has always been considered one of the best investments in history. Now that you know how to invest in gold, you have what you need to get started with your first purchases. Make sure you look through your options and find the investment strategy that works best for you.

Of course, you need to diversify your investment portfolio if you want to stay safe. Head back to the blog to learn other ways that you can invest your money.

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