Commodity Trade Mantra

Posts Tagged ‘Average Cost for Gold’

You Should Be Dollar-Cost Averaging Your Gold Purchases

Dollar-cost averaging is a “set it and forget it strategy.” You’re simply committing to pay the average cost for gold per ounce over time. That way, you don’t need to worry about timing the market. All you have to do is make gold purchases of a set dollar amount regularly, no matter the price. This saves you from worrying about whether you’re getting a good price.

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