5 Surprising Uses for Gold and How to Invest in Them
If you want to get some gold exposure, most people instantly think of buying gold coins or gold miners like Barrick Gold and Newmont Mining. Those are great options, but they aren't the only ways to play the precious metal. Let's take a look at some of the ways, mundane and science fiction-like, that gold is used and see how you can take a different approach to investing in gold.
Roughly half of all gold is turned into jewelry. Sure, you knew gold was used to make fancy baubles, but it's kind of shocking that such a large percentage of gold gets used in this manner. This means one of the best ways to play gold may not be miners at all; it might be companies that work with jewelry.
Image source: Getty Images.
Source: Fool.com
Northrop Grumman Corp. Stock
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