How to invest in gold on fidelity

## How to Invest in Gold with Fidelity

Gold has been a popular investment for centuries. It is often seen as a safe haven asset, meaning that it holds its value well during times of economic uncertainty. Gold can also be a good diversifier for a portfolio, as it does not correlate perfectly with other asset classes such as stocks and bonds.

If you are interested in investing in gold, there are a few things you need to know. First, you need to decide what type of gold investment you want to make. There are two main types of gold investments: physical gold and paper gold.

**Physical gold** is simply gold that you own in its physical form, such as coins, bars, or jewelry. Physical gold can be stored in a safe deposit box or at home.

**Paper gold** is a financial instrument that represents ownership of gold. Paper gold can be traded on exchanges, just like stocks and bonds. Paper gold is more liquid than physical gold, but it also carries more risk.

Once you have decided what type of gold investment you want to make, you need to choose a broker. Fidelity is a reputable broker that offers a variety of gold investment options.

**To invest in gold with Fidelity, you can follow these steps:**

1. **Open an account with Fidelity.** You can open an account online or by calling Fidelity customer service.
2. **Choose a gold investment product.** Fidelity offers a variety of gold investment products, including physical gold, paper gold, and gold ETFs.
3. **Fund your account.** You can fund your account by bank transfer, wire transfer, or check.
4. **Place your order.** You can place your order online, by phone, or by mail.

Read more  How to invest in real gold

**Here are some of the gold investment products that Fidelity offers:**

* **Physical gold:** Fidelity offers a variety of physical gold products, including coins, bars, and rounds.
* **Paper gold:** Fidelity offers a variety of paper gold products, including ETFs, mutual funds, and futures contracts.
* **Gold ETFs:** Gold ETFs are exchange-traded funds that track the price of gold. Gold ETFs are a convenient way to invest in gold without having to buy and store physical gold.
* **Gold mutual funds:** Gold mutual funds are mutual funds that invest in gold and gold-related companies. Gold mutual funds are a good option for investors who want to diversify their gold investments.
* **Gold futures contracts:** Gold futures contracts are contracts to buy or sell gold at a set price on a future date. Gold futures contracts are a more advanced investment product that is not suitable for all investors.

**When investing in gold, it is important to keep the following in mind:**

* **Gold is a volatile investment.** The price of gold can fluctuate significantly over time.
* **Gold is not a guaranteed investment.** There is no guarantee that the price of gold will increase in the future.
* **Gold should be a small part of a diversified portfolio.** Gold should not be the only investment in your portfolio. It is important to diversify your investments across a variety of asset classes.

**If you are considering investing in gold, it is important to speak with a financial advisor to determine if it is right for you.**

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