How To Buy Gold Stock In Us -

Leo started by opening an online brokerage account. He chose Charles Schwab , attracted by their $0 minimum deposit for active investing. After linking his bank account and transferring $1,000, he was ready to choose his path. Leo learned he had two main options for "gold stock":

Funds that track the price of gold itself. SPDR Gold Shares (GLD) was the giant in the field, but Leo noticed its 0.40% fee. To save money, he looked at iShares Gold Trust Micro (IAUM) , which had a tiny 0.09% expense ratio . Step 3: Placing the Trade

Shares in companies like Newmont (NEM) or Barrick Mining (B) . These can amplify gains when gold rises but carry "company risk" like poor management or rising labor costs.