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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As an EEA retail investor, how can I purchase options on Gold / Gold ETF

As part of my strategy to hedge against rampaging inflation (and assuming that Gold really is a good hedge against inflation, as it has generally been over the years), I'd like to purchase medium-term ...
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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 ...
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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,...
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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 ...
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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 ...
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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 ...
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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 ...
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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?
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3 answers
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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 "...
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16 votes
10 answers
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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 ...
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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 ...
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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 ...
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1 vote
1 answer
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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 ...
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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 ...
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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?
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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 ...
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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 ...
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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 ...
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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.
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1 answer
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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 ...
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1 vote
1 answer
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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 ...
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2 votes
1 answer
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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 ...
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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 ...
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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 ...
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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 ...
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1 vote
6 answers
404 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 ...
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11 votes
2 answers
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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-1 votes
3 answers
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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, ...
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2 votes
1 answer
236 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, ...
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-3 votes
5 answers
703 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 ...
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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....
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1 vote
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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 ...
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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 ...
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1 vote
1 answer
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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 ...
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2 answers
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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?
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1 answer
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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 ...
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37 votes
2 answers
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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, ...
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1 answer
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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 ...
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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 ...
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3 votes
1 answer
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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, ...
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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 ...
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6 votes
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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 ...
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1 answer
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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 ...
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6 votes
4 answers
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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 ...
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2 votes
3 answers
628 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 ...
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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 ...
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