Gold

Ahhh gold, let me count the ways…..no, better still let me show me you (in this five year gold chart our friends at Share Price prepared earlier):

gold 5 year chart

As an inflation hedge, as a key ingredient in a divirsified portfolio, heck as a a dang, pretty-damn-good standalone investment, few can argue gold doesn’t put forward a fairly decent case.

At Investor Trader we jump on and off the gold wagon with a gold spread bet quite a bit.

As it stands we’ve got the following gold spreads in play this very minute.

Current Gold Trades

commodity
opened
buy/sell
open price
per point
Gold
2011-05-25
buy
1524.80
£10.00
Gold
2011-05-31
buy
1536.50
£10.00


For any wannabe gold investors out there wanting to learn more about the world of financial spread betting, check out these great, in-depth online financial spread-betting seminars from IG Index which will have you placing your first gold trade in no time.

Gold Trading Posts on Investor Trader

  • Berkeley Mineral Resources and Gold With our share portfolio in free-fall there's not much good news coming out of Investor Trader for the moment. That is unless you consider Investor Trader's new colour scheme news-worthy? I had hope for Berkeley Mineral Resources (BMR.L) when I fleetin...
  • A Great Week For Gold Fuelled by the possibility that the US may soon default on its debt - to avoid default, US politicians have to agree to raise the country's debt limit by 2nd August 2011 - coupled with the imminent announcement of the European Banking Authority's stress t...
  • Buys and Sells and Gold Lots going on, but I'm heading off - on holidays that is. A midsummer week of island-hopping in Scandinavia. Now if that sun would just re-appear. I'm usually not one to scare too easily but today - with a week away from the keyboard coming up and the ...
  • A Golden Update It's been a bit of a rocky road for our gold play over the past few weeks since we got on board in late April at just a notch above $1,500 an ounce. The one month chart (below - courtesy of SharePrice.co.uk) shows the spot price for gold rocketed to over ...
  • Buying Gold So I'm up and running with my first financial spread bet for a while. The ghosts of financial spread betting failures past have been laid to rest with a renewed bout of reading and I'm ready to make my fortune (sic) trading commodities. I popped 100 qu...

cigar


Financial spread betting with IG Index provides a tax-free way to profit from rising and falling prices on 1,500 UK shares. Open an account today and start trading shares tomorrow.

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Disclaimer: Investor Trader is the blog of a single, personal investor. The owner of this blog is not a citizen of the United Kingdom nor is he based in the United Kingdom and the blog is not hosted in the United Kingdom. The owner has never received any form of compensation for providing investment recommendations and has never in the past been employed in any capacity where he has provided investment recommendations. Investor Trader does not make investment recommendations and no information displayed on its pages should be considered as investment advice. Nothing on Investor Trader should be interpreted as a recommendation or solicitation to buy or sell any securities or investments. All trades are first reported on Investor Trader at least a day or two after the fact (but more often a week or two), never live. Investor Trader is here to journal my attempts to make a few quid from the markets and possibly to entertain you a little into the bargain. Please, please, please, do your own piles of research and if you want good investment advice go out and find someone who does this sort of thing for a living (i.e. not me). Most of my investment decisions are based on gut feelings, hearsay, unfounded rumour and whether or not I like the cut of a company logo. You've been warned!
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