A bite from the gold bug is good for your wealth

Gold hit record highs recently. And in the long run, it's only going to head higher. Dominic Frisby explains this extraordinary bull run, and how and where to buy gold.

Gold is hitting new highs. And in the long run, it's going to head higher. So think about buying in now, says Dominic Frisby.

The gold price has broken out to record highs it's over US$1,100 as I write this. Gold stocks are soaring. Comparisons are being made between now and the gold fever of 1979-1980, and India's central bank has just bought $6.7bn-worth at $1,045 an ounce (an investment that's already up 5% in barely a week). At last, the chattering classes are chatting about gold.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.