KT Explains: How can I trade in gold? Should I opt for a gold mutual fund? – MENAFN.COM

KT Explains: How can I trade in gold? Should I opt for a gold mutual fund? – MENAFN.COM

There is a contract for difference (CFD) in trading gold on online platforms, which means that you are trading the price difference of gold and do not want to hold physical gold. Should you wish to buy physical gold, and upon selling, you must seek out a seller. Also read: What is gold/forex trading and how does it work? Trading means you opt to open your trading platform on your app and select "buy" if you think the price will go higher. However, with the CFD, you can initiate a sell position. > Understand what drives the price of gold > Find a suitable option to acquire gold. This can be done directly in physical form or indirectly through futures or a gold ETF or mutual fund. Many UAE banks offer gold investment options, which is convenient and easy to manage. Top 10 international funds that have proven to be successful players on the market according to Top 10 Gold Mutual Funds - Gold and Silver Expert . What is a gold mutual fund? A mutual fund is an open-end managed investment fund that pools money from many investors to purchase assets. The fund takes the money and will either