How to invest in gold – stock

Diversified portfolio has a place in the gold market. For some investment in such a market means hold its coins. Some speculators buy futures on the commodity exchange. The future contract is risky because you bet that the price of the commodity will go higher in the future. The contract requires a relatively small up payment, but can have a daily fluctuation, asking you to have the funds to pay down at the daily increase in the price.

The reason investors are interested in this commodity is that the old reasoning is that if the stock market falls, the commodity market as a whole rises. This reasoning has become a possibility, but not the current market axiom. The weakness of the dollar usually leads to a surge in prices. The current price is in the range of $ 670. Prices fluctuate within the range of $ 664, with the current high of $ 672. Traders believe that this product can easily be as high as $ 1,000 an ounce.

Investing in these commodity stocks and precious metals index funds can be purchased through stock brokers. Professional stock brokers in this field are very important because investment requires smart investment advice. Most large brokerage firms have individuals specializing in merchandise and precious metal stocks.

[1945900] There are some international commodity stocks that are worth noting. This type of commodity market for Canadian international companies is Agnico-Eagle Mines. It is traded on the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol AEM. The stock is also listed on the Frankfurt Stock Exchange. The company has been producing this product for more than 30 years. Since the 1970s, AEM had produced more than 4 million ounces. The company is international and has operations in Canada, the United States, Mexico, Sweden and Finland.

Other noteworthy stocks include: Barrick Gold Corp, Goldcorp Inc., Kinross Gold Corp. and Newmont Mining. All of these commodity stocks are currently up, but all investors should ensure that these stocks meet your investment risk potential.

In recent years, the price of this commodity has been as low as $ 450 an ounce. Since the late 1970s, it has brought huge profits to the holders of this commodity. The key to having it is to know the various resistance points and assess the use of the global market. It is mainly used for jewelry manufacturing and other types of manufacturing. At present there is a small slowdown in India using this kind of merchandise for jewelry production. The same applies to Chinese degrees. Whether there is enough slowdown to affect the price of this commodity is uncertain.

Investors who trade this commodity should seek an analyst's advice that can affect all aspects that affect the price of the commodity. If you have it as a hedge against the weak dollar, you should look for any reinforcement of the dollar. The important thing to remember is to guide your investment in a level of your comfort. If you buy the spot for $ 600 an ounce, you may consider increasing your profit to $ 720. $ 1,000 per ounce rally may be bumpy and did not tell it when it will reach that level if it is because speculators gambling.