Best Way to Invest In Gold

If you have been thinking of buying gold for your portfolio either to protect your hard earned wealth from the perils of fiat currency printing by central banks or to simply boost your portfolio return, then there are many different ways to have an exposure to the shiny metal beside the age old way of buying gold jewelry. 

Following are 3 different ways to invest in gold with their respective pros and cons. We will also tell you the best among the three, that we prefer, if you have long term bullish outlook on the metal.

World largest gold company stock falls to 20 year low

Barrick Gold (ABX:US), the world's largest gold producing company having reserves of more than 140 million ounces of gold in it's mines all over the world fell to a two decade low recently due to crash in gold prices and some of it's own internal problems.

The average cost of production of 1 ounce of gold at barrick gold is around $950 USD and was selling it at more than 100% premium when the gold price touched $1900 per ounce in 2011. Consequently the stock touched an all time high of $56 on 21st April 2011 and was having a huge market value of around $56 billion then. The stock is now hovering around $15 with a market value of $15.5 billion.