Gold can be a solid investment

Experienced investors have long known that gold can be a solid investment choice. Gold prices have seen an upward trend in the past 3 years and are likely to rise steadily over the longer term. This investment opportunity is showing an upswing again. With uncertainty in the stock market and decline in the US dollar, investors are taking a fresh look at gold as an investment option. Gold works as a perfect hedge against investment in other assets.

In fact, when other investments take a beating, gold investment tends to stabilize. As a long term investor, holding on to gold investment is a good tip. Used correctly, it can be an effective component of a diversified investment portfolio, but remember, it is an investment like any other, and has an element of risk (albeit more modest). It's essential to achieve the proper mix.

Go with gold coins or bars if you're interested primarily in safety and diversity. Shop around. The markup on gold coins and bars will vary. One popular choice for coins is the 1 troy ounce size as they are easy to buy, sell and store. Educate yourself about the numismatics market. The design and condition of gold coins can affect its price as much as the gold content itself.