Investing in Gold

Investing in Gold by Jonathan Spall

Among the myriad assets out there, gold has often reigned as a safe haven and a hedge against inflation. Spall, who has been involved in the gold market for over 25 years, discusses a range of topics, such as how the gold market functions, how traders make decisions as well as the terminologies used.

The book begins with how this previous metal is extracted, how it serves as the reserve of some of the world's major economies, how it is traded on global exchanges and exchange-traded funds. Spall also gives readers a crash course on ways to gain exposure to gold and the pros and cons of investing in the commodity via channels like equities, physical gold, ETFs, and futures.

Source: Personal Money, October 2009