TheWall: Riding the bull run with gold bullion - News Summed Up

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TheWall: Riding the bull run with gold bullion


Paper gold includes gold-backed exchange-traded funds (ETFs), gold investment accounts (GIAs), gold mining stocks and gold futures. Dean says physical gold is still the primary way to gain exposure to the gold market in Malaysia, as there is a vibrant secondary market for gold bullion. [Trading in physical gold] will not be replaced by [that in] digital gold.”Investing in gold bullion, however, does have its downsides. Ermin points out that gold bullion buyers can be divided into two core groups — wealthy investors who buy gold bullion in 500g or 1kg denominations, and average investors who buy small amounts of gold at regular intervals. From his personal experience, Dean says bullion collectors are generally also bullion investors, but bullion investors may not necessarily be bullion collectors.


Source: The Edge Markets September 21, 2020 03:22 UTC



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