How to invest in gold

Financial journalist and commentator on 3AW and Sky Business
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For those investors spooked by fears of an escalating trade war between the US and China, unrest in Hong Kong, a burgeoning global debt mountain and the prospect of economic downturn, one of the very few choices is gold. Gold appears to have plenty of scope for further rises but what options do you have to invest in this glittering metal?

The one bright spot in a world suddenly full of increased political and economic tensions – and laden with investment risk – is gold, with the yellow metal fulfilling its centuries-old role as a “safe haven” investment that holds its value while financial assets fall.

Investors spooked by fears of an escalating trade war between the US and China, unrest in Hong Kong, a burgeoning global debt mountain and the prospect of economic downturn have very little in the way of options – with US$17 trillion worth of bonds around the world now offering “negative yield” (in other words, a guaranteed loss if held to maturity), the bond market is not a great option, so the choice is between the US dollar and gold.

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