Gold has been in the limelight for the past six months. This flashy commodity has rallied over 18% since the beginning of May, the biggest 6-month gold rush in more than 3 years. Gold prices have leveled off since August, trading around $1,500 an ounce for the past 2 months. Right now is the perfect opportunity to get a piece of this portfolio hedging commodity.
In this day and age, there is no need to go out and buy physical gold from your local jewelry store. You can simply purchase an ETF that tracks the underlying metal.
The largest and most liquid gold ETF is the SPDR Gold Trust.