The gold price increased by some 55% from around $1 300/oz at the start of 2019 to breach $2 000/oz by the middle of 2020, but fell back and has traded at between $1 800 and $2 000/oz since then. Moneyweb Investing
Investors who put their money into gold shares and unit trusts and those who bought physical gold – either by buying Krugerrands to hide in the couch or indirectly through an exchange-traded fund that holds gold bars – have enjoyed good returns over the last few years. The gold price increased by some 55% from around $1 300 per ounce at the start of 2019 to breach $2 000 per ounce by the middle of 2020, but fell back and has traded at between $1 800 and $2 000 an ounce since then.
Still, the surges in times of uncertainty make up for the disadvantages. ETF or gold fund? Investing in funds that hold shares in gold mining companies, compared to investment instruments backed by physical gold, create other differences and cater for different investors.
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