If I want to be exposed to the price of gold but don't want to actually buy any, what is the best way? Are there any funds that hold gold in which I can buy units?
- posted
18 years ago
Owning gold without owning any gold
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- posted
18 years ago
There is n ETF (Exchange Traded Fund) called streetTRACKS Gold Shares trading on the New York Stock Exchange which tracks the spot price of gold. I would think something similar would exist in the UK. Another solution would be to own shares in Gold Mining companies.
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- posted
18 years ago
Gold Bullion Shares (epic: GBS) is a securitised gold deposit. Tracks the price in dollars, quoted on the LSE.
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18 years ago
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- posted
18 years ago
A spread bet or CFD, or whatever it is, on it.