What are the ways to invest in gold?
Investors have many ways to benefit from the recent rise in global gold prices, instead of just buying physical gold.
On January 26, the spot gold price reached a new record when it surpassed 5,100 USD an ounce. The price increase of the precious metal shows no signs of stopping, as investors ramp up purchases of gold as a safe haven amid escalating geopolitical tensions.
Last year, the price of the precious metal increased by 64% - the strongest since 1979. Since the beginning of this year, the increase has been nearly 20%.