Gold prices reached a new all-time high above $4,900 on January 22, 2026, drawing investor attention as it approaches the significant $5,000 mark. This surge comes as precious metals regain their appeal, particularly after a strong performance in 2025.
Investors considering how to own gold have several options, including physical gold, gold mining stocks, and gold-focused ETFs. Physical gold provides a store of value but comes with added costs related to security and liquidity. In contrast, gold mining companies, like TRX Gold, have noted increased revenues due to high gold prices but face operational risks. ETFs such as the VanEck Gold Miners ETF (GDX) offer diversified exposure with less company-specific risk, while globally recognized funds like SPDR Gold Shares (GLD) track gold prices and provide greater liquidity.
As gold prices remain elevated amidst a potentially easing monetary policy, investors must weigh the trade-offs between liquidity, volatility, and exposure to gold within their portfolios.
