According to her, gold bars are the most popular and convenient way to invest in gold. Bars vary in weight and purity, and they are easy to store and sell.
Coins also differ from bars in that they offer additional collectible value. Investment coins typically have little or no added value, but certain factors can increase it, such as limited mintages or popular themes, reports Yuzhny Federalny.
Abramova noted that purchasing fund units is not equivalent to purchasing exchange-traded gold. The fund has the right to buy and sell gold, seeking to increase returns. In addition to gold, the fund may temporarily hold government bonds or hold funds in anticipation of a favorable market entry opportunity. Therefore, the expected returns of gold and mutual funds may differ.
Gold ETFs (exchange-traded funds) track the price of gold and offer investors the opportunity to purchase shares without physically owning the metal. This is convenient, but can be less secure, Abramova emphasized.
Gold futures involve entering into contracts to purchase gold at a predetermined price in the future. This option is suitable for experienced investors, but carries high risks.
Furthermore, some banks offer accounts where gold can be deposited. According to the expert, this is convenient, but may involve fees and a lack of physical control.