How To Invest In Gold By Sola Adesakin

Practical Ways to Invest in Physical Gold

1️⃣ The Lowest Hanging Fruit: Jewelry

You can buy gold jewelry through a trusted jeweler.

Pros:

Tangible

Wearable

Portable wealth

Cons:

Making charges reduce resale margin

Can be lost or stolen

Requires secure storage

It’s the most accessible entry point, but it should not be your only strategy.

2️⃣ Gold Coins

Gold coins are common in the UK and US markets.

You can purchase from:

• Reputable bullion dealers

• Government mints (e.g., Royal Mint in the UK, US Mint in America)

• Dukia in Nigeria (Go read more about them. I haven't done any business with them before but there's a lot of information online about them).

• Altinvest (The Alternative Bank) in Nigeria
  
  

Coins are:

• Easier to trade than jewelry

• Recognized globally

• Often purchased for investment rather than fashion

3️⃣ Gold Bars

Yes, even retailers like Costco have sold gold bars.

Dukia Gold also does.

Gold bars are:

• Higher value per unit

• Closer to “pure investment”

• Best for long-term holding
  
  

But storage and insurance matter here.

Non-Physical (Digital or Paper-Based) Gold

4️⃣ Gold ETFs (The Simple, Structured Way)

Gold ETFs (Exchange Traded Funds).

Examples include:

• SPDR Gold Trust (GLD)

• iShares Gold Trust (IAU)

You can buy gold as an ETF, just like you buy stocks.

For example, SPDR Gold Shares (GLD) tracks the price of gold.

If you use platforms like Bamboo (click), you can access gold ETFs easily.

Why ETFs?

• No storage worries

• Highly liquid

• Easy to buy and sell

• Transparent pricing
  
  

It’s gold exposure without holding physical gold.

5️⃣ Gold Mutual Funds

Some Banks offer mutual funds with gold exposure.

Mutual funds are:

• Professionally managed

• Diversified

• Suitable for people who prefer structured oversight
  
  

You don’t pick the instruments.
The fund manager does.

6️⃣ Gold-Linked Investments

Investing in physical gold, whether in jewellery or bullion, poses challenges, including security and maintenance costs.

A more popular and convenient option to access the gold market is gold-linked investments. These enable investors to purchase gold on digital platforms, ensuring secure vault storage and ownership flexibility.

This type of investment is available on AltInvest, Nigeria’s first ethical investment platform focused on accessible and ethical investment opportunities.

Advantages of Gold-Linked Investments on AltInvest:

(Please do your due dilligence on them before you invest).

• Full Ownership: Acquire outright ownership of real gold coins purchased digitally.

• Exposure to Gold as an Asset Class

• Practicality: No physical storage concerns
  
  

Owning Gold on AltInvest also includes:

• Fractional Ownership (start from as little as 1 gram)

• Certificate of Ownership

• Secure Storage in vaults

• Ownership Flexibility

• Market Updates

• User-Friendly Interface

• Convenience via digital access
  
  

This is not time-consuming or capital-intensive.

It is a straightforward process. You can read more about them.

This is just an educational post. I have no affiliations with them.