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4 Surprising Gold Investment Strategies

By    |   Sunday, 12 July 2015 11:32 AM

While the precious metals market can be volatile, many investors have found moderate success as they wade into owning gold, whether physical or on paper.

Here are four ways you can invest in gold that may surprise you.

1. Coins — Buy a few coins from the U.S. mint — American Eagle or American Buffalo — as well as bullion. But make sure to purchase those as close to the spot price as you can to avoid costly mark-ups, The Street suggests. If you pay a high premium on gold purchases, you'll already be behind the curve and will have to wait for gold prices to surge to earn a profit.

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2. Jewelry — Buy gold jewelry. It's a different strategy for owning physical gold, but one that allows you to enjoy your investment firsthand. Gold jewelry remains strong — marking 45 percent of world demand for gold — with the United States coming in third behind China and India, according to the World Gold Council.

3. Gold Mines — Track growing and productive gold mining companies and invest in their stocks. There are some, even as some analysts note their decline. With a rally predicted ahead for precious metals, some hedge funds are "backing up the truck on gold mining stocks," noted The Motley Fool's Robert Baillieul.

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4. Timing — Don't buy gold in times of financial and economic crisis, which can spur a run on mints. Such crisis periods can create premium increases on gold sales but also gold shortages, investment experts warn. "There is an old saying that the best time to buy gold is when everything is quiet. I would underline that sentiment," said Michael J. Kosares, author of "The ABCs of Gold Investing," in an online interview published by his company, USAGold.com.

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While the precious metals market can be volatile, many investors have found moderate success as they wade into owning gold, whether physical or on paper.
gold, surprising, investment, strategies
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2015-32-12
Sunday, 12 July 2015 11:32 AM
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