Friday, July 2, 2010

'Buying Gold' Now Means You Can Actually Hold It In Your Hand

With gold continuing its climb to record highs, more and more investors are looking to take physical possession of the precious metal.

In the past, most of them were content to bet on gold through futures contracts, shares of funds that buy gold, and shares of gold mining stocks

But now, with fears rampant about the safety of paper assets, many investors feel differently.

"There's much more demand from gold investors for allocated gold," Jonathan Spall, product manager of precious metals at Barclays, told The Wall Street Journal. (more)

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