For many centuries, people have used gold as a means of investment. From ancient civilizations who would craft art and jewelry out of the precious metal to more recent years when people buy gold bars and gold coins, investing in gold is nothing new. Really, the only thing that has changed is the way in which we put our money into the precious metal as a means of getting a financial return. While people used to get the precious metal in any form that they could as a means of investment, now we tend to just stick with stock, bars or coins – though any gold can be melted down into bars or coins, so that is something to keep in mind.

The way in which gold is weighted is by troy ounces. The price for a troy ounce of this precious metal changes pretty much all of the time. The value of investing in gold rises significantly with every year. For instance, in 2005 the cost for a troy ounce of this precious metal was $513. In 2010, however, the price had risen to around $1,400 per troy ounce. That is almost three times the amount that it was worth in 2005. That is a remarkable return on an investment. And, because of the very nature of this precious metal, the cost of it does not decrease that often. Even if it does, it will always go back up in value again. So, it really is a much safer investment when compared to others.

For the very reason that investing in gold is such a good idea, there are plenty of places that will buy your unwanted jewelry items made of this precious metal so they can melt it down. Of course, you will probably not make as much per troy ounce for your unwanted pieces that is in the form of jewelry and coins if you sell to these types of places, but some money is better than no money at all. You just have to be careful when it comes to sending off your unwanted pieces instead of going to a physical jewelry shop that also buys these pieces to melt down.

If you choose to do your gold investing by getting bars or coins, you need to be careful about fakes. There are some bars and coins that are easily forged so you will need to be sure you are getting the real deal and not giving some criminal free money. This is the biggest risk you take when investing in gold because, as already mentioned, the price of it will always go back up even when it initially goes down.

On March 14, 2012 By Richard Wilson

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Investing in Gold – One of the World’s Most Precious Commodities

People have been investing in gold since ancient humans first discovered the valuable metal. Unlike most investments, gold saw a 470% increase in value from 2001 to 2011, a feat that no other investment, except maybe silver, can even begin to claim, but why does investing in commodities like gold draw in so many people each year? It’s quite simple. Gold, the most precious of all metals, is the world’s most popular investment. It’s recognized around the world as a source of value and currencies are backed by it across the planet. The dollar bill wouldn’t be worth what it is without it. Buying gold is one way to protect oneself from political and economic upheaval, inflation, social unrest, war, and currency failure, because gold will always be recognized as a currency, even if the dollar bill one day is not.

Gold is at an all-time high, which means it’s not exactly the ideal time to buy, but inflation will soon pick up once again, meaning that the current gold prices could go up even more. With food and gas prices going up, investing in commodities has become something the everyday person can do by going to the local pawn shop. Like other commodities, how much gold costs is ultimately affected by supply and demand. The more people want to invest in gold, the higher the price, but speculation does play a part. But gold is ideal for anyone wanting to make an investment but worried about the stock market. Gold almost always does well and, even if the value depreciates slightly, it will always go back up. It’s also easy to invest because you don’t need to purchase gold bricks to do it. Collecting scrap jewelry, tangled gold chains, broken clasps, and gold coins could add up to a nice sum when traded in at shops that buy gold with cash.

When investing in gold, serious investors should consider gold equities. Rather than owning the gold physically, investors can buy into gold and precious metal companies like Avino Silver and Gold Mines Ltd., Claude Resources Inc., and Paramount Gold and Silver Corp. This type of investment offers more leverage than owning tangible gold. Buying coins and bullion is more conservative and less risky, but don’t settle for a gold certificate or other note over the physical ownership of the metal itself, and buy enough of it each month or at least quarterly to produce a significant investment.

On March 13, 2012 By Richard Wilson

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Investing In Gold – A Good Idea?

You’ve probably seen the signs by now, since they’re pretty much everywhere you turn. People are buying gold in record numbers and it really shows no sign of stopping. From television commercials to pawn shops, the number of buyers for gold has triggered a modern gold rush. If investing in gold sounds like a good idea to you, that’s because it is. Most investing experts recommend that your portfolio be made up of three to twenty percent gold investment. Gold affords you a kind of portfolio insurance and protects you against inflation or other national or global events. Simply put, investing in gold shouldn’t be ignored.

Basically, there are a few ways that you can go about investing in gold. The most obvious is to actually buy physical gold, no matter what the form. There are plenty of different ways to do this but most opt for gold bullion coins which they then store in their safe deposit boxes or even in their home. Of course, you’ll have to actually have a place to store your gold, which is why many people look into other options when they decide that investing in gold is the right decision for them to make.

Another option if investing in gold is something you want to do but you can’t deal with storing the physical gold is to invest in exchange traded funds. Basically, every share of one of these funds that you purchase will essentially mean that you own one tenth of an ounce of the gold they’re storing. There are several different types of exchange traded funds that can help you invest in gold, so take the time to review them and you’ll likely find that one or more are perfect to add to your portfolio. They’re a bit different than buying shares in a company, but hold many benefits that make them worthwhile.

You may want to consider alternative ways of investing in gold. One of the most intriguing options is to invest in mining operations. You’ll get a three to one leverage in many instances but investing in gold mining operations obviously carries more risk than other choices. In summation, there are plenty of different options for gold investors. Less volatile and more dependable than many other options, you owe it to yourself to add gold to your portfolio in one way or another so that you can get all the benefits it can provide.

On March 12, 2012 By Richard Wilson

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Investing in Gold – Should You Invest in Gold?

Investing in gold has a long history that dates way back to the very first notion that gold had value. Ancient civilizations often measured value in gold, and not much has changed as time has gone by. Inventing in gold today is a safety measure that many investors use to protect themselves in case of a complete economic collapse. The notion is that currency can be made completely useless by a collapsed economy, but the value of gold will always be recognized. Gold is the most popular precious metal for buying, storing and trading. There are a lot of good reasons why you should consider investing in gold.

One of the reasons why current day investors are starting to shy away from the notion of investing in gold is the feeling that the market for gold may eventually start to decline. In 1970, the value of an ounce of gold was $37 American dollars. By the time the calendar reached 2010, gold had reached a value of $1,410 American dollars. You do not need to be a math expert to understand the value of investing in gold in 1970. The value of gold has risen in concert with things like the value of the Dow Jones Industrial Average and the value of the American debt. Gold has managed to keep pace with the rising cost of living all over the world.

Back in 1970, the idea of investing in gold was considered risky because the average investor just could not see the value of the precious metal going much higher than $37 an ounce. But if you look at in round numbers, you can appreciate the value of investing in gold. If you would have purchased one pound of gold in 1970, you would have paid $592 for that pound. If you would have held on to that gold for 40 years and sold it in 2010, you would have received $22,560 for your pound of gold. That would be a profit of $21,970.

One of the reasons that people use to avoid investing in gold is that it is simply too expensive. Over the last 40 years, gold has given no indication that its value is headed for a decline. But if gold keep following the economic indicators, and the world’s economy collapses, then the value of gold could crash with it. Investing in gold has always been a way for people to protect themselves in case currency became useless. There is nothing to indicate that those kinds of investment moves should change any time soon.

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Investing in Gold – One of the Oldest Forms of Monetary Investment

Investing in Gold – One of the World’s Most Precious Commodities

Investing In Gold – A Good Idea?

Investing in Gold – Should You Invest in Gold?

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