By Matt Kang, Senior Broker @ Cannon Trading Co, Inc.
Gold is the most actively traded precious metal and it is a good hedge against inflation that is why many individuals and institutional investors are investing in gold to keep their assets by declining dollar and US stock values. Retail access to gold trading has broadened substantially through the futures and gold ETFs.
Let’s take a look at the key difference between gold futures and gold ETFs.
- Where they traded?
Gold future (GC) is trading at COMEX and GOLD ETFs (GLD/IAU) is traded through securities exchanges. Read the rest of this entry »