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5 gold investments to consider with inflation rising

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American currency Dollar and Gold ingot combinations. Close up for dollar and gold ingot
There are lots of gold assets to choose from, but certain options could make more sense now that inflation is increasing.

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Inflation is no longer hovering near 40-year highs like it was in mid-2022, but we’re not back to normal just yet. The latest inflation report, released this week, shows that the inflation rate was 3.2% in February, up from 3.1% in January. Given the negative impact that stubborn inflation has on traditional currency, many investors are now looking for ways to protect their investments from being eroded by rising prices. And, one traditional hedge against inflation is gold

When inflation rises, the purchasing power of paper currencies inevitably declines. That makes gold, which carries no counterparty risk and cannot be inflated by central banks, an attractive investment for investors who want to preserve their wealth. If you’re looking to add some gold exposure to your portfolio as an inflation hedge, though, it’s important to understand that there are numerous assets to choose from. 

Learn more about how gold investing can protect your portfolio here.

5 gold investments to consider with inflation rising

It may be worth adding these gold assets to your investment portfolio now that inflation is rising:

Physical gold bullion

One of the most direct ways to invest in gold is by purchasing physical bullion in the form of gold coins or bars. Owning the actual metal provides a tangible store of value, one that is not tied to any particular currency or economy.

The downside is you’ll need to securely store and insure your gold holdings, which can come with extra work and extra costs. But if you’re seeking a “crisis commodity” to fall back on, physical bullion is about as close as you can get to having intrinsic, universally recognized wealth.

Explore your top gold IRA options online here.

Gold exchange-traded funds

For a more liquid and convenient way to invest in gold, you can purchase shares of an exchange-traded fund (ETF) that tracks the price of gold bullion. When you buy into a gold ETF, each share represents ownership in actual physical gold bars held by the fund.

Gold ETFs can be a smart option to consider because they provide exposure to gold prices without the hassle of personally acquiring and storing bullion. They can easily be bought and sold just like stocks through any brokerage account. However, there are small annual expenses charged by the funds, which you may want to consider before taking this route.

Gold mining stocks

Rather than invest directly in gold itself, you can gain leveraged upside exposure by buying shares of gold mining companies. When gold prices rise, the profits and stock valuations of the miners tend to surge even higher. You also have the option of investing in gold mining ETFs to gain broad exposure.

The allure of buying gold stocks is the potential for higher returns, which is great in any economic environment, but can be especially useful during times when inflation is devaluing the dollar. However, these stocks also come with higher risk than just owning physical gold or a bullion ETF, so keep that in mind as you narrow down the options.

Gold jewelry and collectibles

Beyond strictly investment purposes, gold jewelry and collectible gold coins can appreciate in value as inflation rises. While these purchases don’t provide direct exposure to gold prices, the precious metal content gives them an intrinsic material value that helps preserve wealth over time.

And, with inflation weighing on other assets, collectors tend to bid up the valuations for rare, historical gold coins in particular. These types of gold investments can grow in numismatic value alongside the underlying metal prices, providing a unique potential return stream.

Gold futures and options

For advanced traders and hedgers, gold futures contracts provide a way to speculate on future price movements or lock in current prices. However, due to the complexity, leverage and risk of losses that are associated with gold futures and options (beyond the initial investment), this gold investing option tends to be most suitable for highly experienced, risk-tolerant traders looking to make leveraged bets on gold prices.

The bottom line

As always with any type of investing, it’s important to understand your time horizon, risk tolerance and objectives before allocating capital to gold. After all, there is a wide range of gold investments to choose from, and those factors will play a role in determining which one works best for you, especially during periods of high inflation. But no matter what gold asset you decide on, when used judiciously, gold can be an important part of a diversified portfolio, providing a hedge against the insidious effects of inflation.



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Satellite images show damage from Israeli attack at 2 secretive Iranian military bases

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An Israeli attack on Iran damaged facilities at a secretive military base southeast of the Iranian capital that experts in the past have linked to Tehran’s onetime nuclear weapons program and at another base tied to its ballistic missile program, satellite photos analyzed Sunday by The Associated Press show. 

Some of the buildings damaged sat in Iran’s Parchin military base, where the International Atomic Energy Agency suspects Iran in the past conducted tests of high explosives that could trigger a nuclear weapon. Iran long has insisted its nuclear program is peaceful, though the IAEA, Western intelligence agencies and others say Tehran had an active weapons program up until 2003.

The other damage could be seen at the nearby Khojir military base, which analysts believe hides an underground tunnel system and missile production sites.

Israel launched a series of strikes on Iranian military facilities in retaliation for the barrage of ballistic missiles the Islamic republic fired on Israel earlier this month.

Mideast Wars Iran Damage
This satellite photo from Planet Labs PBC shows damaged buildings at Iran’s Parchin military base outside of Tehran, Iran, on Sunday, Oct. 27, 2024. The damaged structures are in the bottom right corner and bottom center of the image.

Planet Labs PBC / AP


Iran’s military has not acknowledged damage at either Khojir or Parchin from Israel’s attack early Saturday, though it has said the assault killed four Iranian soldiers working in the country’s air defense systems.

Iran’s mission to the United Nations did not immediately respond to a request for comment, nor did the Israeli military.

However, Iranian Supreme Leader Ayatollah Ali Khamenei on Sunday told an audience that the Israeli attack “should not be exaggerated nor downplayed,” while stopping short of calling for an immediate retaliatory strike. Israeli Prime Minister Benjamin Netanyahu said Sunday that the strikes “severely harmed” Iran and achieved all of Israel’s goals.

“The air force struck throughout Iran. We severely harmed Iran’s defense capabilities and its ability to produce missiles that are aimed toward us,” Netanyahu said in his first public comments on the strikes.

It remains unclear how many sites in total were targeted in the Israeli attack. There have been no images of damage so far released by Iran’s military.

Mideast Wars Iran Damage
This satellite photo from Planet Labs PBC shows damaged buildings at Iran’s Khojir military base outside of Tehran, Iran, Oct. 8, 2024.

Planet Labs PBC / AP


Iranian officials have identified affected areas as being in Ilam, Khuzestan and Tehran provinces. Burned fields could be seen in satellite images from Planet Labs PBC around Iran’s Tange Bijar natural gas production site in Ilam province on Saturday, though it wasn’t immediately clear if it was related to the attack. Ilam province sits on the Iran-Iraq border in western Iran.

The most telling damage could be seen in Planet Labs images of Parchin, some 40 kilometers (25 miles) southeast of downtown Tehran near the Mamalu Dam. There, one structure appeared to be totally destroyed while others looked damaged in the attack.

At Khojir, some 20 kilometers (12 miles) away from downtown Tehran, damage could be seen on at least two structures in satellite images.

Analysts including Decker Eveleth at the Virginia-based think tank CNA, Joe Truzman at the Washington-based Foundation for Defense of Democracies and former United Nations weapon inspector David Albright, as well as other open-source experts, first identified the damage to the bases. The locations of the two bases correspond to videos obtained by the AP showing Iranian air defense systems firing in the vicinity early Saturday.

At Parchin, Albright’s Institute for Science and International Security identified the destroyed building against a mountainside as “Taleghan 2.” It said an archive of Iranian nuclear data earlier seized by Israel identified the building as housing “a smaller, elongated high explosive chamber and a flash X-ray system to examine small-scale high explosive tests.”

“Such tests may have included high explosives compressing a core of natural uranium, simulating the initiation of a nuclear explosive,” a 2018 report by the institute says.

Mideast Wars Iran Damage
This satellite photo from Planet Labs PBC shows at Iran’s Parchin military base outside of Tehran, Iran, Sept. 9, 2024.

Planet Labs PBC / AP


In a message posted to the social platform X early Sunday, the institute added: “It is not certain whether Iran used uranium at ‘Taleghan 2,’ but it is possible it studied the compression of natural uranium hemispheres, which would explain its hasty and secretive renovation efforts following the IAEA’s request to access Parchin in 2011.”

It’s unclear what, if any, equipment would have been inside of the “Taleghan 2” building early Saturday. There were no Israeli strikes on Iran’s oil industry, nor its nuclear enrichment sites or its nuclear power plant at Bushehr during the assault.

Rafael Mariano Grossi, who leads the IAEA, confirmed that on X, saying “Iran’s nuclear facilities have not been impacted.”

“Inspectors are safe and continue their vital work,” he added. “I call for prudence and restraint from actions that could jeopardize the safety & security of nuclear & other radioactive materials.”

Other buildings destroyed at Khojir and Parchin likely included a warehouse and other buildings where Iran used industrial mixers to create the solid fuel needed for its extensive ballistic missile arsenal, Eveleth said.

In a statement issued immediately after the attack Saturday, the Israeli military said it targeted “missile manufacturing facilities used to produce the missiles that Iran fired at the state of Israel over the last year.”

Destroying such sites could greatly disrupt Iran’s ability to manufacture new ballistic missiles to replenish its arsenal after the two attacks on Israel. Iran’s paramilitary Revolutionary Guard, which oversees the country’s ballistic missile program, has been silent since Saturday’s attack.

Iran’s overall ballistic missile arsenal, which includes shorter-range missiles unable to reach Israel, was estimated to be “over 3,000” by Gen. Kenneth McKenzie, then-commander of the U.S. military’s Central Command, in testimony to the U.S. Senate in 2022. In the time since, Iran has fired hundreds of missiles in a series of attacks.

There have been no videos or photos posted to social media of missile parts or damage in civilian neighborhoods following the recent attack – suggesting that the Israeli strikes were far more accurate than Iran’s ballistic missile barrages targeting Israel in April and October. Israel relied on aircraft-fired missiles during its attack.

However, one factory appeared to have been hit in Shamsabad Industrial City, just south of Tehran near Imam Khomeini International Airport, the country’s main gateway to the outside world. Online videos of the damaged building corresponded to an address for a firm known as TIECO, which advertises itself as building advanced machinery used in Iran’s oil and gas industry.

Officials at TIECO requested the AP write the company a letter before responding to questions. The firm did not immediately reply to a letter sent to it.



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Here Comes the Sun: Will Ferrell, Harper Steele and more

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Here Comes the Sun: Will Ferrell, Harper Steele and more – CBS News


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Actor Will Ferrell and writer Harper Steele sit down with Tracy Smith to discuss their documentary “Will & Harper.” Then, David Pogue learns about new methods being implemented to keep birds from flying into buildings. “Here Comes the Sun” is a closer look at some of the people, places and things we bring you every week on “CBS Sunday Morning.”

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The Strange Shooting of Alex Pennig

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The Strange Shooting of Alex Pennig – CBS News


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A nurse is found dead in her apartment. Surveillance video captures her coming home for the last time. Can investigators piece together what happened next? “48 Hours” contributor Natalie Morales reports.

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