We take a look at:Read more: How to invest £10,000Why do people invest in gold? How to invest in goldIf you do decide to invest, with high interest rates, inflation and volatility pushing up the gold price right now, it’s important that you speak to a financial professional to make sure it’s the right move for you. You can also invest in gold indirectly via an exchange-traded fund (ETF) or by buying shares directly in gold mining companies. “There are some funds out there which use derivatives to gain exposure to the gold price. Unlike bullion, digital gold does attract capital gains tax, but it is all physically backed by real gold deposits.

Source: The Times April 27, 2023 21:55 UTC