Questions tagged [gold]

The yellow precious metal, used in jewelry, and as money, as well as in the industry and medicine.

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Is it legal to trade unlicensed gold ETFs in Germany?

In Germany, gold ETF aren't licensed because apparently they violate diversification which is required by law (cf. German Wikipedia articles which cite an upper limit of 30 % for a fund). Thus, as a ...
maxschlepzig's user avatar
2 votes
1 answer
378 views

Can I hold gold as much as I like at home in the US? [closed]

Is it legal to store physical gold at home in the US? If so, what taxes may be applied on the gold held at home, in form of both jewelry or raw gold?
best_of_man's user avatar
4 votes
4 answers
478 views

How to Interpret the Widely Fluctuating Gold-Silver Ratio

Historically speaking (prior to WWI), the gold-silver ratio (price of an ounce of gold to an ounce of silver) often fluctuated between 10 and 15. I have read that in ancient Egypt, the ratio was once ...
DDS's user avatar
  • 201
0 votes
1 answer
166 views

How to vet a gold bullion supplier

In some sense, this question is a general one and not specific to my case. I am looking to order gold bullion from a seemingly reputable website. Funnily enough, I've ordered countless things before ...
Dean P's user avatar
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5 votes
1 answer
1k views

Buying gold with a credit card

Assuming I find a merchant willing to sell gold bullion with a credit card, are there any pitfalls to this besides the additional fee the merchant may choose to add for credit card purchases? Is it ...
Money Ann's user avatar
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2 votes
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120 views

Does a "collective" safe haven ETF exist? (e.g. a mix of gold, bonds etc...) [closed]

In this period of bear market I would like to invest in some safe haven assets, like gold or diamonds for example. I was wondering if there is an ETF that tracks the price of a group of these assets, ...
Lorenzo's user avatar
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1 vote
1 answer
63 views

Who holds the units Sovereign Gold Bonds (SGBs) that are purchased by an investor (India)?

In India, when an investor purchases some units of gold through SGB. Who holds the purchased units? Like stocks purchased are held with CSDL or NSDL (as far as I have understood, correct me if I am ...
Darshan L's user avatar
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3 votes
2 answers
398 views

What are decent premiums for physical silver / gold coins / bars?

This a question I have been trying to find an answer to in these last months, and don't seem to find an answer. My curiosity is simple: what are decent premiums for the products mentioned in the title,...
prototorpedo's user avatar
0 votes
1 answer
162 views

Is the Gold precious metal undervalued (towards the end of 2021)? [closed]

At the moment, money is being printed on a massive scale. The money is flowing into the stock markets and the younger generation is investing it in Crypto. Am I correct in assuming that Gold is ...
Sybil's user avatar
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0 votes
1 answer
80 views

What Might Cause a non-Parity Performance of, Say, a Gold ETF and the Underlying Price of the Metal at the Stock Market's Close on a Given Day

I have noticed that a Gold ETF and the underlying price of the metal do not necessarily correspond as one might expect. For example, today 6/24, the price of gold was down approximately $9.00 at the ...
DDS's user avatar
  • 201
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1 answer
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Gold - What is GB01/CHF? How does a metal account work?

I opened a metal account (in German they call it Metallkonto, I hope to translation is correct). In the Web interface of the bank I see almost no info (no price, no profit or loss in percent). The ...
Sybil's user avatar
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0 votes
3 answers
740 views

Gold price per kilo on Yahoo Finance API

I monitor on Yahoo Finance the gold price per ounce. But I learned that in US you buy gold per ounce, but in Europe we use per kilo. How do I see the price per kilo on Yahoo Finance? I use a software ...
Sybil's user avatar
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0 votes
2 answers
104 views

When triangles work in technical analysis?

I encountered so many triangles that didn't work as expected. Is there anything to figure out when it's more likely to work or not?
Daniyal Javani's user avatar
3 votes
3 answers
600 views

How can a "gold" coin look nothing like gold? [closed]

Example: https://www.royalmint.com/invest/bullion/bullion-coins/gold-coins/double-sovereign-2021-gold-bullion-coin/ I've tried my best to look up and translate what a "bullion" is, or "...
Wannabe Goldbug's user avatar
16 votes
10 answers
4k views

If I were to store gold for an Internet-less dystopian future, what form should it have? Is this actually done? [closed]

Let's say I buy a 1 kg gold bar right now for 1 Bitcoin. I put it in my safe. Then the entire "modern world" collapses the next day, and I have to defend my home and my few valuable pieces ...
Jerauld B.'s user avatar
0 votes
3 answers
201 views

Buying real gold vs buying a stock that tracks the price of gold?

I want to invest in gold. I have two options: On an exchange like etoro, I can buy shares of a stock that tracks the price of gold. Or I can literally buy a gold bar. What's the better option? The ...
nz_21's user avatar
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Earnings per share of gold ETF

I understand how EPS is calculated on an ETF like the S&P500 (such as SPY). However I don't understand how it's calculated on a metal ETF, like gold or silver (thinking about ETFs such as IAU or ...
Rodrigo A's user avatar
1 vote
1 answer
66 views

What is the difference between the SPDR GLD listed on multiple exchanges?

It looks like SPDR GLD (a gold-backed ETF) can be purchased on 5 different exchanges: US, Mexico, Singapore, Japan, Hong Kong. What is the difference between these? Are they just 5 different ETFs that ...
auspicious99's user avatar
0 votes
1 answer
657 views

How to protect your money from a hyperinflation? [duplicate]

Let’s say someone supposedly fears a hyperinflation and hence the devaluation of money (or historically speaking the implementation of a new currency, e.g. post-war Germany). This extreme inflation is ...
J. Doe's user avatar
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1 answer
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Why did the Greek debt crisis raise gold prices? [closed]

Greece is a small country. Shouldn't the bad economic practices of just one small country not drive prices up so high?
Sean Taylor's user avatar
-4 votes
2 answers
226 views

How would the discovery of El Dorado impact the price of gold? [closed]

I have gold in my long-term investment portfolio and I am worried about sudden over-supplies of gold. If a City of Gold (e.g. El Dorado) or the Nazi gold train is discovered in the future, how can I ...
Thomas Gold's user avatar
0 votes
2 answers
2k views

What time do gold futures weekly options expire?

What time on Friday do gold futures weekly options expire? For example, I am interested in knowing what time the /GCV20:XCEC 1/100 AUG 20 (Wk2) /OG2Q20:XCEC 1925 CALL option expires this Friday. I ...
7529's user avatar
  • 3,753
0 votes
0 answers
112 views

Are paper gold ETFs a scam? [duplicate]

Recently I found this website that has a lot of interesting statistics and among them I noticed something that astonished me : the paper to gold ratio. I am really surprised that there is such a huge ...
Genorme's user avatar
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0 votes
1 answer
45 views

Can someone confirm the standard contract for XAUUSD?

Am getting nothing but click bait these days that is purposely vague. Broker omits it on the dash.
mathtick's user avatar
  • 103
0 votes
1 answer
72 views

Calculating Portfolio Return

I am doing a research on the proper ways to calculate portfolio returns. The condition: The underlying asset is physical gold bars. Just gold, purchased from 1 particular seller. Currently i have two ...
Jeremy's user avatar
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1 vote
1 answer
82 views

What are useful purposes for ETC's?

My question is related to a video where the narrator claimed that there was no case known to him where someone was able to receive his ownership of gold from an Exchange Traded Commodity (ETC) in ...
user99327's user avatar
2 votes
1 answer
80 views

How gold funds can give different profit

I am looking at different gold bonds available in India, and came across some top performing funds from etmoney site. I got a doubt on the profits generated by these funds. If they invest the money ...
learner's user avatar
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0 votes
2 answers
89 views

Market Analysis Charts Using Gold as Currency (Y-Axis)? [closed]

I wish to analyze the historical value of individual assets in a wide range of asset groups; Commodities, Stocks, Bonds, Currencies, etc; in milligrams of Gold; using time as the x-axis and gold as ...
LAM's user avatar
  • 25
0 votes
3 answers
142 views

Why do gold ETFs follow the overall stock market?

Many of the same overall trends and features exist in gold ETFs as in the overall stockmarket. For example AAAU shows similarity to SPY. As seen here, why would an investment in a gold ETF follow the ...
Caleb's user avatar
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4 votes
3 answers
671 views

How to sell gold and silver bullion legally and through legitimate buyers

Please note: This might seem like a over-simple question, but I do believe its on topic, and it is certainly not a duplicate. In fact, I can't find a credible answer to this question anywhere on the ...
hotmeatballsoup's user avatar
1 vote
6 answers
414 views

Why do people prefer to buy gold when stock market moves downward?

Most of us know that there's a common concept that the stock market index and gold price have an inverse relation or negative correlation. When the index moves downwards, the gold price often ...
hbaromega's user avatar
  • 151
11 votes
2 answers
6k views

Where to sell metals with numismatic value

I have various silver and gold bars and coins. After getting quotes for my collection from a local coin shop, I noticed that the bullion values are reasonable, but for rare coins, the quote is far ...
JacobIRR's user avatar
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1 vote
3 answers
198 views

Is it a good idea to invest in gold as a safety against nation or worldwide economic crises? [duplicate]

Is it a good idea for someone in the middle class to invest in physical gold as a safe guard against economic crisis? If not, why not? If yes, still why? I'm also curious what percentage of savings ...
AlphaCentauri's user avatar
1 vote
3 answers
142 views

On a statement of Dalio and the case for gold

Last night I was watching the following videos https://www.youtube.com/watch?v=YVLJRGA5uAk and https://www.youtube.com/watch?v=AhDrvQiNV5M&t I am considering the bet on gold with respect to his ...
user123124's user avatar
  • 1,085
3 votes
0 answers
152 views

Glint Administration -- What Steps to take to claim my assets? [closed]

I have the issue that the company Glint (https://glintpay.com) has gone into administration and all customers' assets, including mine, are frozen by the administrators. Glint is a company that mainly ...
Alari's user avatar
  • 31
4 votes
2 answers
251 views

Does trading currency choice in a Gold ETC make a difference when base currency remains same?

The WisdomTree Physical Swiss Gold Exchange Traded Commodity is available in trading currencies of both GBP (SGBX.L) and USD (SGBS.L) on the London Stock Exchange. I believe that the base currency ...
Concrete_Buddha's user avatar
-1 votes
3 answers
361 views

Is gold inflation-proof or not?

I feel a bit confused. I read something on this site about gold being inflation-proof. Other people stated that it is untrue. I feel confused why. You can print money, but you can not print gold, ...
JadeFlag's user avatar
2 votes
1 answer
290 views

Is it the truth that gold / silver coin costs differently in different countries? [closed]

I am told that the person buys gold coins from US website with the delivery to Kazahstan and sell them there for profit. Can it be for real? I am wondering since the import from US should be taxed, ...
Eugene Kaurov's user avatar
-3 votes
5 answers
760 views

Why do rich put their money in gold

I have been listening to Robert Kiyosaki (author of rich dad poor dad) podcasts and I always hear him say the rich put their money in gold. He never says why though. So, I am just curious to know why ...
Luke101's user avatar
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1 vote
0 answers
93 views

How can a person prepare for a redenomination?

Redenomination is being discussed in South Korea. While some officials announced that they are considering this as a long-term assignment or not even considering, the gold price is already fluctuating....
user2652379's user avatar
1 vote
0 answers
332 views

How to calculate capital gain on gold coins in Canada?

In case of purchasing multiple gold coins (assume same kind of coin) on several occasions, for the purpose of capital gains tax calculation upon resale - does one have to calculate adjusted cost base ...
Joe's user avatar
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1 vote
0 answers
31 views

Are there any possible complications when calculating capital gain while trading gold ETR, compared to regular ETFs?

In particular, is MNT.TO ETR treated any different from ETFs when calculating ACB? I assume that it pays no dividends, and thus buy/sell would be the only taxable events, or am I missing anything? I ...
Joe's user avatar
  • 273
1 vote
1 answer
216 views

May one buy gold coins from wholesalers vs the retail dealers?

I am interested in buying a lot of American Gold Eagle coins. I live in Irvine CA. The local gold dealers in my city tell me I should come into their store, bring them a check, and come back one ...
davidjhp's user avatar
  • 231
4 votes
2 answers
3k views

Taking physical gold out of the United States

Are there restrictions on taking physical gold out of the US if I emigrate? Can I just pack it in my luggage and get on a plane to UK?
Philip's user avatar
  • 51
-1 votes
1 answer
254 views

Gold price in my country. Is it a good investment during hyperinflation? [closed]

On Wednesday, expectations of interest rate hikes in the United States limited profits and put pressure on gold. US gold futures for delivery in December 2018 fell to $ 1,211.50 per ounce, pressured ...
Jh62's user avatar
  • 315
37 votes
2 answers
7k views

What does "gold reserves" on a gold mining company's balance sheet mean?

From a Reuters article: On Wednesday, [Newmont Mining Corp] reported gold reserves of 68.5 million ounces for 2017, unchanged from 2016, as it replaced reserves through exploration, projects, ...
Ms Jackson's user avatar
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1 vote
1 answer
161 views

Why doesn't Graham consider gold as an investment?

Before the end of the negative interest rate I was wondering what about investing my money in raw materials, maybe in gold. Having almost finish my reading of The Intelligent Investor I was wondering ...
Revolucion for Monica's user avatar
2 votes
7 answers
2k views

How should I prepare for the next financial crisis?

Last financial crisis happened 10 years ago - there is the risk of another one some time in the future. I am middle class worker with an average savings. I know that investing in gold should be safe ...
user avatar
3 votes
1 answer
238 views

Investing in precious metals and keeping them safe

My intention is to invest once each month or each other month. What are my options? Physically buy some American Eagle/Krugerrand/Maple leaf Gold Coins? I have to admit that they look really good, ...
D. Eoj's user avatar
  • 31
3 votes
4 answers
685 views

Is a currency "hedged" ETF actually a more speculative instrument than an unhedged version?

I've come across a few ETFs that are currency hedged. At first, the "hedged" part in the name seems to imply that this is somehow a safer investment than an unhedged version. However, take a look at ...
ku9182's user avatar
  • 47