A Foolish Take: Gold Is Back -- Here's How You Can Invest
People have treasured gold since the dawn of recorded history, both for its usefulness in jewelry and other practical applications and for its role as a store of value and foundation for tradable currency. Even as the end of the gold standard greatly diminished the yellow metal's role in global commerce, it nevertheless remains a go-to safe-haven asset during times of trouble.
Gold prices have been on the uptick so far in 2019, and recently, the metal pushed above the key $1,500-per-ounce mark. That was the first time in more than six years that gold had been that expensive, and with a performance that eclipses even strong stock market returns so far this year, the move has investors paying close attention.
Yet those seeking to profit from gold's upward moves should understand that there's more than one way to invest in the precious metal. Depending on which one you choose, you could see very different returns.
Source Fool.com
