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Fact or Fiction: Investing in Gold
by Staff
Gold is one of the oldest forms of wealth on the planet, and is still commonly traded to this day. Whether you're talking buying bullion or speculating in gold options and futures, test your knowledge of modern gold investing in this quiz.

Fact or Fiction: Gold tends to increase in price when inflation is high.

  • Fact
  • Fiction

Fact or Fiction: Gold outperformed most other investment vehicles during the economic of 2008.

  • Fact
  • Fiction

Fact or Fiction: Gold increased in price by more than 100 percent in 2010.

  • Fact
  • Fiction

Fact or Fiction: The upswing in the value of gold is nothing compared to historical gold prices.

  • Fact
  • Fiction

Fact or Fiction: Experts recommend that investors keep a small percentage of their investments in gold (around 5 percent) to protect their portfolios against economic downturns.

  • Fact
  • Fiction

Fact or Fiction: Many world governments still mint their own gold bullion coins.

  • Fact
  • Fiction

Fact or Fiction: The United States currently does not mint a 1-ounce gold coin.

  • Fact
  • Fiction

Fact or Fiction: The South African Krugerrand is the most popularly traded of the various minted gold coins.

  • Fact
  • Fiction

Fact or Fiction: When buying gold coins, investors should choose coins that weigh at least 1 ounce.

  • Fact
  • Fiction

Fact or Fiction: Rare and collectible coins are ideal for investing in gold.

  • Fact
  • Fiction

Fact or Fiction: Stocks in gold mining companies always go up at the same time as the commodity price of gold.

  • Fact
  • Fiction

Fact or Fiction: Exchange-traded funds in gold always increase by the same percentage as the per-ounce price of gold.

  • Fact
  • Fiction

Fact or Fiction: Gold bullion is more liquid than exchange-traded funds.

  • Fact
  • Fiction

Fact or Fiction: Stock prices for gold mining companies are more volatile than the price of gold.

  • Fact
  • Fiction

Fact or Fiction: Mining stocks offer regular dividends to their shareholders.

  • Fact
  • Fiction

Fact or Fiction: Gold options and futures typically require smaller initial investments than buying bullion.

  • Fact
  • Fiction

Fact or Fiction: Gold options and futures are much riskier than buying and storing bullion.

  • Fact
  • Fiction

Fact or Fiction: The U.S. government charges taxes on sales of gold bullion.

  • Fact
  • Fiction

Fact or Fiction: The 50 states are prohibited by federal law from charging tax on sales of gold bullion.

  • Fact
  • Fiction