ETF gold investing involves the use of exchange traded funds to participate in the price moves of gold and never even go through the process of buying, and later selling, physical bullion. Buying Gold or Silver is only half of the investment equation: When buying a US dollar denominated commodity such as Gold or Silver it’s important to be aware of currency risk. If you’re holding Gold, you essentially have a long US dollar exposure. The relationship between the US dollar and NZ dollar is therefore important when calculating the value of your investment – Seek advice on how to eliminate currency risk.
Refineries are responsible for turning semi-pure gold alloys into refined, pure, gold. In addition to reprocessing doré bars from mines, refiners also recycle gold from scrap materials Although gold mining is geographically diverse and occurs in all continents except Antarctica, there are only a handful of gold refineries around the world.
Gold prices have risen steadily this year while other markets around the world have endured a turbulent time to say the least. This movement highlights one of the key factors behind why many people choose to invest in gold and other precious metals. They are often a store of value in times of market volatility, a safe haven type of investment. This makes them a very attractive type of investment to all.
On a technical basis, silver hit resistance at just above US$26.20 late Monday before falling back to US$24.56, where it traded at 4:35 p.m. EST on Tuesday. Baruch is expecting the pullback to bring silver down to around US$21, its 2016 high, before the precious metal surges forward again.
Once the purchase is complete, you take possession of your precious metals product. We ship your products in a secure, discreet package and choose the most reliable and secure shipping partners. We also insure every delivery. Shipping can vary, but, for some products, we can deliver within 48 to 72 hours after purchase.