Invest in Gold Bullion or Gold Mining Companies?
If you own a gold fund, you've probably heard about the big gains gold bullion has made this year. You may also be wondering why your gold fund hasn't shared in any of those gains.
The short answer: If you invested in a fund that buys the shares of gold-mining companies — as many do — you probably lost money this year. If you bought shares of a fund that buys the metal itself, you made money.