Questions tagged [gold]
The yellow precious metal, used in jewelry, and as money, as well as in the industry and medicine.
136
questions
2
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2answers
164 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,...
0
votes
1answer
135 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 ...
0
votes
1answer
62 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 ...
0
votes
0answers
26 views
What documentation do I need to file taxes for gold share trusts
Currently, I hold some shares of IAU in my Robinhood account and my friend who held GLD in Robinhood told me that it is painful as hell filing taxes when you own gold trust shares.
He also told me ...
0
votes
1answer
83 views
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 ...
0
votes
3answers
294 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 ...
0
votes
2answers
92 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?
3
votes
3answers
307 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 "...
16
votes
10answers
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 ...
0
votes
3answers
177 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 ...
1
vote
0answers
27 views
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 ...
1
vote
1answer
60 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 ...
0
votes
1answer
460 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 ...
0
votes
1answer
55 views
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?
-4
votes
2answers
184 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 ...
0
votes
2answers
661 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 ...
0
votes
0answers
101 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 ...
0
votes
1answer
44 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.
0
votes
1answer
64 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 ...
1
vote
1answer
80 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 ...
2
votes
1answer
75 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 ...
0
votes
2answers
81 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 ...
0
votes
3answers
137 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 ...
4
votes
3answers
536 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 ...
1
vote
6answers
402 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 ...
11
votes
2answers
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 ...
1
vote
3answers
196 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 ...
1
vote
3answers
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 ...
3
votes
0answers
136 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 ...
4
votes
2answers
230 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 ...
-1
votes
3answers
358 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, ...
2
votes
1answer
228 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, ...
-3
votes
5answers
694 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 ...
1
vote
0answers
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....
1
vote
0answers
139 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 ...
1
vote
0answers
30 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 ...
1
vote
1answer
198 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 ...
4
votes
2answers
2k 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?
-1
votes
1answer
241 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 ...
37
votes
2answers
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, ...
1
vote
1answer
140 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 ...
2
votes
7answers
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 ...
3
votes
1answer
226 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, ...
3
votes
4answers
653 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 ...
6
votes
3answers
4k views
Is the Canadian Gold Maple Leaf actually used as legal tender?
How could it be that this gold coin was created as legal tender when its gold content value is much higher than its face value?
https://en.wikipedia.org/wiki/Canadian_Gold_Maple_Leaf
The face value ...
6
votes
1answer
1k views
Gold coins with face value greater than the metal value — what's the catch?
If you're going to keep some money in cash, is there any downside to keeping it in gold coins that you can buy at their face value, where that face value is higher than the metal value?
I came ...
7
votes
4answers
1k views
Is gold subject to inflation? [duplicate]
You know, we all have inflation. You can buy less on your USD, Euros and RUBs today than year before. I was advised to buy gold if I do not want my money be eaten by inflation. Gold is advised for ...
2
votes
3answers
608 views
Cost of carrying precious metals in portfolio
Recently, I have decided to diversify my portfolio into some precious metals.
However, I found out that the cost of holding gold and silver is really high. The website I was trying to buy from ...
0
votes
1answer
82 views
How does price of spot gold works in relation to foreign exchange?
What I mean by this question is when I buy gold, which currency is the price of the gold based on?
So assuming I am from China and I wish to buy gold through goldmoney.com, they allow me to choose ...
0
votes
4answers
2k views
Can I Accept Gold?
A few years ago, Utah defined gold and silver as legal tender. If I understand this law correctly, this should mean that now that my business is in Utah, I can accept gold as a means of payment (I ...
