how do you buy gold or platinum as a stock or through bank as an investment?
May 5, 2010 by
Filed under gold 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?
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.