Monday, March 19, 2012

Q&A: how do you buy gold or platinum as a stock or through bank as ...

Question: how do you buy gold or platinum as a stock or through bank as an investment?

I am interested in buying precious metals like gold, silver or platinum as an investment, like stocks or bank issued papers, but dont want to physically buy them. Can you suggest me a way to do that?

goldsenze.com Answer:

You can buy gold as a stock with the ticker GLD. One share equals 1/10 ounce. For platinum it is PTM. You could buy a company that mines platinum. Impala Platinum is one. It is down about 50% from a year ago.

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Source: http://www.goldsenze.com/qa-how-do-you-buy-gold-or-platinum-as-a-stock-or-through-bank-as-an-investment/

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