Getting exposure to gold: what’s the best way?

Gold is having a moment. Investors are flocking to the commodity as a hedge against the coronavirus pandemic, together with geopolitical tensions. Gold is also at a record-high, hitting $2000 an ounce for the first time. So how do you get involved, and with gold prices rising more than 30% this year,  what are the risks and potential returns? Independent financial expert Dawn Ridler and Lisa Segall, director and certified financial planner at GinsGlobal Index Funds, unpacked gold and its current market exposure, at the BizNews' Friday Finance webinar, hosted by BizNews editor Jackie Cameron. – Nadim Nyker

The 'up' potential of gold has passed

Jackie Cameron: Dawn, could you sketch out the risks and potential returns when you're looking at gold?

Dawn Ridley: Coming into the lockdown, you know, [gold] is a safe haven. That's why everybody's rushing  towards gold at the moment. So, whenever everybody's question is, 'I need to buy gold', the stable doors open, the horse has bolted. You know, there's not that huge up potential and that's gone. Smarter people than you actually took advantage. That's a shame. 

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