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Online Share Trading

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Getting into Gold

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Hi Everyone, as a relatively newbie here, I was hoping someonne can tell me how to get into the Gold market using OST. I've been playing with the shares, but am investigating a medium term investment into buying gold. where on the OST site can I do this? Commodity Futures? Thanks
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7 REPLIES 7
SimonPB
Valued Contributor
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Thanks! That brings up NEWGOLD for NEW GOLD ISSUER LTD. That correct?
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Thanks! That brings up NEWGOLD for NEW GOLD ISSUER LTD. That correct?
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yes, its an ETF that holds gold, so its quite direct exposure to the gold price, versus a company (like Anglo or Harmony) that has other risks involved.
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Be aware that you are buying gold in US$ so there is an exchange rate component as well.
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royandroy
Contributor
which means that a good time to buy would be when the rand is strong against the $
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unless, of course, if the price of gold is falling...
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