How to Invest in Gold — ETFs, Physical Bullion, Mining Stocks, and Futures Compared
Gold has been a store of value for thousands of years, and in 2026 it remains one of the most actively discussed assets in portfolio construction. With gold futures trading near $5,268 per ounce — well above their 200-day moving average of $4,075 — both new and experienced investors are asking the same question: what is the best way to gain exposure to the yellow metal? The answer depends on your investment goals, risk tolerance, tax situation, and how much hands-on management you want. There is no single "right" way to invest in gold. Physical coins and bars offer tangible ownership but come with storage costs and dealer premiums. Exchange-traded funds provide liquid, low-cost exposure with no vault required. Mining stocks offer leveraged upside but introduce company-specific risk. And futures contracts give sophisticated traders precise, capital-efficient positioning — with corresponding margin risk. This guide breaks down each approach, compares the trade-offs side by side, and offers practical guidance on how much gold might belong in a diversified portfolio. All price data referenced below is sourced from real-time market feeds and Federal Reserve economic data as of late February 2026.