Thinking of buying gold? Here’s what investors should watch for.
Gold has the same high-level risk as any investment: You could lose money. And, as with other investments, a loss on gold can materialize in different ways. Understanding the potential outcomes is the first step to managing your risk when investing in gold.
According to four gold experts, would-be gold investors should understand risks associated with price, speculation, opportunity cost, and fraud.
Learn more: How to invest in gold in 4 steps
Investors who buy gold when the metal is nearing record-high prices face a price risk. “Buying high to hope for short-term higher is a tough strategy,” said Darrell Fletcher, managing director, commodities at Bannockburn Capital Markets.
Despite the high prices, positive…
