The most common when thinking about investing in this precious metal is to buy gold bars or any other physical gold formula. The reality is that there are other alternatives to invest in gold and silver that have nothing to do with physically acquiring the material goldco.
Each option has its advantages and disadvantages. The most important thing is to understand how they work and what we will get in each case. If you want to know how to invest in gold in Spain in the following lines you will see the options to buy this precious metal.
Buying gold with financial products
Compared to investing in physical gold, there is the option of buying the precious metal or buying silver through different financial products. In this case, the commodity will generally be an underlying asset in which to invest.
These are the alternatives to invest in gold with financial products.
Investing in gold ETFs
The ETFs on gold have become an alternative to physical gold for investors more focused on the short term. Gold-traded funds try to replicate the performance of gold in the commodity market. It is one of the most reliable ways to invest in gold without buying the metal.
Here are some options for investing in gold with ETFs: Market Vectors Gold Miners Index ETF, iSHares Gold Trust
Investment funds invested in gold
Gold investment funds invest in gold and everything related to the gold market. For you to understand better, the fund manager will buy mining stocks and other businesses in the field of ore extraction, may invest in ETFs and other derivatives and in general will be more or less related to the price of gold, but will not replicate it. Directly.
In reality, it is a more diversified alternative to direct investment in gold, although it all depends on the objective being pursued. And it is that these investment funds invested in gold do not have that profile of safe-haven assets that physical gold does, in theory.
Buy physical gold
From silver bullion to gold coins to 24 karat gold jewelry, 18K gold … There is a whole world in the physical gold market.
Each of these options to save on physical gold has its peculiarities. This would be a short summary:
Gold coins
The value in this case is double. On the one hand, the gold with which the currency is made is revalued (in this case the percentage of the metal is crucial) and on the other, by the coin’s own numismatic value. At this point there is no better or safer currency than another. From the American Eagles to the Napoleons to the Krugerrand in South Africa, anything goes, it’s a matter of choosing the one you like best.
Each coin has its own value and price for the percentage of gold it owns and for what marks the gold coin collectors market.
Jewelry
Investing in gold jewelry is a similar alternative to numismatics. The big problem with jewelry is that its value is not always directly proportional to that of gold. In addition, here it will depend on the proportion of metal that they include and its quality. 24 karat gold is not the same as 18k gold.
Also, the good thing about jewelry is that you can always go down from gold to silver if the former is very expensive. What’s more, this could also be done with any investment to save on physical gold.
Physical gold with gold and silver bullion
This is the most common option in this section and to a certain extent the most recommended. It basically consists of buying a silver bar or acquiring a gold bar to keep and sell when the time comes.