How do you buy gold or platinum as a stock or through bank as an investment? - Yahoo! Answers
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santosh d santosh d
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How do you buy gold or platinum as a stock or through bank as an 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?
  • 2 years ago

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muncie birder by muncie birder
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Best Answer - Chosen by Asker

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.
  • 2 years ago
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5 out of 5
Asker's Comment:
thanks for the suggestion
Doug "Digger" Eberhardt Doug "Digger" Eberhardt
There is only certain types of gold you should be buying.
I wrote a White Paper about investing in gold. Check out my free White Paper here: www.fedupbook.com/whitepaper

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