2007-01-31 15:35:23 · 4 answers · asked by sammy 2 in Business & Finance ➔ Investing
You can buy it on the stock market the symbol is: GLD. I own 200 shares. Its a moneymaker right now im up alot!!! I trades thru amertrade and it only cost $10 a trade.
2007-02-06 12:33:56 · answer #1 · answered by J B 2 · 0⤊ 0⤋
It is a staple in the high end electronics business because it never tarnishes, and is a superior conductor.
In the investing sense . . . it fluctuates !
Here is the day chart, but more importantly look at the 1 , 5, and 10 yr charts.
http://www.kitco.com/charts/livegoldnewyork.html
2007-01-31 23:49:14 · answer #2 · answered by kate 7 · 0⤊ 0⤋
Don't forget jewelry. Increased demand from India has contributed to gold's rise in price in the last year or so...
2007-02-01 00:33:54 · answer #3 · answered by morlock825 4 · 0⤊ 0⤋
currencies may fall....
in case of a war...
a nation might become bankrupt...
but the value of gold will never degrade.....can be bartered...
so the best investment anytime..
2007-02-02 08:54:17 · answer #4 · answered by antoants 1 · 0⤊ 0⤋