Gold is priced at $4,700 an ounce. Here’s how to invest for under $100 now.

Gold’s current price of $4,729 per ounce might seem daunting, but there are accessible ways to invest in gold without spending thousands. While the price is high, it’s down from earlier peaks and doesn’t necessarily require a large upfront investment. Retail investors can explore options like fractional gold, which involves buying small bars or coins, such as 1-gram bars, available for under $100. These smaller pieces often come with higher markups, but they offer a tangible way to own gold. Another option is investing in gold ETFs (Exchange-Traded Funds), which allow investors to buy shares that represent a portion of gold holdings. This method provides exposure to gold’s market performance without needing to purchase physical gold, making it a practical choice for those with limited funds. Understanding these options can help investors make informed decisions about adding gold to their portfolios. QUESTION: How might the accessibility of fractional gold and gold ETFs influence young investors’ approach to building their investment portfolios?