How to invest in gold with vanguard

## How to Invest in Gold with Vanguard

Gold has been a popular investment for centuries, and for good reason. It’s a safe haven asset that can help to protect your portfolio during times of economic uncertainty. Vanguard offers a number of ways to invest in gold, so you can choose the option that best suits your needs.

### Gold ETFs

Gold ETFs (exchange-traded funds) are a popular way to invest in gold because they offer a number of advantages over physical gold. First, they’re more liquid than physical gold, so you can buy and sell them easily. Second, they’re more cost-effective than physical gold, as you don’t have to pay for storage or insurance.

Vanguard offers two gold ETFs:

* **Vanguard Gold ETF (VGGL)** tracks the price of gold bullion.
* **Vanguard Precious Metals and Mining ETF (VGPM)** invests in a basket of precious metals and mining companies.

### Gold mutual funds

Gold mutual funds are another way to invest in gold. Mutual funds are managed by professional investors who pool their money together to buy a variety of assets, including stocks, bonds, and gold.

Vanguard offers two gold mutual funds:

* **Vanguard Precious Metals Fund (VGPMX)** invests in a basket of precious metals and mining companies.
* **Vanguard Global Resources Fund (VGR)** invests in a variety of natural resources, including gold.

### How to choose the right gold investment

The best way to invest in gold depends on your individual circumstances. If you’re looking for a liquid investment that you can easily buy and sell, a gold ETF is a good option. If you’re looking for a more diversified investment that includes other precious metals and mining companies, a gold mutual fund is a good option.

Read more  My 2021 Startup Investment Journey

### How to buy gold with Vanguard

You can buy gold with Vanguard through a number of different channels, including:

* **Online:** You can buy gold ETFs and mutual funds online through Vanguard’s website.
* **Phone:** You can buy gold ETFs and mutual funds over the phone by calling Vanguard at 1-800-662-7447.
* **Mail:** You can buy gold ETFs and mutual funds by mail by sending a check or money order to Vanguard.

### Conclusion

Gold can be a valuable addition to any investment portfolio. Vanguard offers a number of ways to invest in gold, so you can choose the option that best suits your needs.

Leave a Comment