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3 easy ways to invest in gold this November

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Some investors may prefer the ease of buying gold from a local retailer.

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The popularity surrounding gold investing surged in 2023, hitting an 11-year high in September. And the price of the metal has continued to skyrocket so far in 2024, growing by nearly 30% since January with no clear end point in sight. Gold was priced at $2,063.73 at the start of the year but is now closing in on $2,800 for that same amount, with some experts predicting a $3,000 price point in the months to come.

Against this backdrop, then, those who have yet to invest in the gold may be considering taking action now. And while there are some strategic ways to approach gold (and some important mistakes to avoid), getting invested in gold is relatively simple. This is particularly true now that new avenues to invest in the precious metal have recently been opened. Below, we’ll break down three easy ways to invest in gold this November.

Start exploring your best gold options online today.

3 easy ways to invest in gold this November

Ready to get started with gold? Here are three relatively simple ways to do so heading into November:

Open a gold IRA with a precious metals company

A gold IRA is a smart way to prepare for retirement and it’s never too early to open one. Instead of traditional stocks and bonds, this unique IRA type holds precious metals like gold, silver and others. You can easily open one with a top gold IRA company online now or over the telephone today. Just be sure to avoid some specific red flags to ensure that the gold IRA company you work with is reputable and trustworthy.

Get started with a gold IRA here.

Buy gold bars from Costco

When Costco started selling gold bars in 2023, they quickly sold out. They restocked, but the gold bars have quickly been selling out this year, too, underlining the strong demand for the precious metal. But if you’re already a Costco member and enjoy shopping with the big retailer, it may make sense to add a gold bar or two to your shopping cart this November, and you can do so from the comfort of your own home by buying gold via their website. Walmart is also selling gold bars, just in case you prefer to invest there instead.

Open gold stocks with a financial advisor

Gold stocks, which essentially act as shares of gold mining companies, require a more advanced knowledge of the precious metal industry. But if you work with an experienced financial advisor, they can help you determine an appropriate investing strategy and can set you up with an appropriate partner to invest with, like a precious metals company. Just understand that gold stocks are influenced by more than just today’s rising price. They can also be affected by supply, demand, costs of production and the overall performance of the individual company. So be sure to seek professional assistance when investing in this specific type. 

The bottom line

If you’re looking for an easy way to invest in gold this November, these three options can help. Just remember that gold isn’t exactly like other asset classes, so don’t be tempted to overinvest now, either, despite the rising price. Historically, gold is best limited to 10% of your overall portfolio to avoid suffocating the potential benefits of other assets like stocks and bonds. But if you follow this approach and consider one of the above ways to invest, you should have a relatively easy time buying into gold this November.

Learn more about your gold options here.



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Puerto Rican politicians react to Trump rally racist, offensive comments

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Puerto Rican politicians react to Trump rally racist, offensive comments – CBS News


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Rep. Nydia Velazquez, a Democrat from New York, and other politicians called out comedian Tony Hinchcliffe’s comments at former President Donald Trump’s rally in New York City.

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More than a third of all trees species at risk of extinction, global assessment finds

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More than a third of all tree species worldwide face extinction, threatening ecosystems, plants, animals and economies around the world, experts warned Monday. 

In all, 38% of trees are at risk, according to the International Union for the Conservation of Nature global assessment. They face threats from climate change, deforestation, invasive species, pests and disease in almost every single country in the world. 

Trees account for more than a quarter of the species on the International Union for the Conservation of Nature’s Red List. The number of threatened trees is more than double the number of threatened birds, mammals, reptiles and amphibians. 

The loss of trees is a threat to thousands of plants, fungi and animals, according to the organization. Trees are considered a “defining component of many ecosystems” through their role in carbon, water and nutrient cycles, soil formation and climate regulation. According to the U.S. Department of Agriculture Forest Service, 100 trees can remove 54 tons of carbon monoxide and 430 pounds of other air pollutants a year. 

“Trees directly underpin the survival of so many species – including many found on the IUCN Red List. Thriving, naturally diverse forests are essential in mitigating both climate change and biodiversity loss, and as such solutions for one crisis often have mutually reinforcing benefits for the other,” said Dr. Dave Hole, vice president for global solutions at Conservation International’s Moore Center for Science. “This makes the growing number of threatened tree species included on the Red List all the more troubling. Without biodiverse ecosystems that include healthy and diverse tree populations the world will face an even greater climate threat than the one we are already facing.”

People are also economically dependent on trees. According to IUCN, more than 5,000 of the tree species on the Red List are used for timber in construction. Over 2,000 species are used for medicines, food and fuels.

In 2021, world leaders representing more than 85% of the world’s forests pledged to end deforestation by 2030. Yet last year, 6.37 million hectares (15.7 million acres) of forest were permanently lost around the world, according to The Forest Declaration Assessment 2024.

“We are now one-third of the way through this decade, and collectively, we have barely made a dent in curbing deforestation,” according to the Forest Declaration Assessment.

A 2022 assessment of tree species native to the contiguous U.S. found 11-16% of species are threatened with extinction. The greatest threats are invasive pests and diseases.

More than 1,000 tree experts were involved in the International Union for the Conservation of Nature global assessment, which was largely funded by nonprofit Fondation Franklinia. Foundation Director General Jean-Christophe Vié urged the world to act based on the tree assessment. 

“Trees are seen as an easy fix to climate change and trees are planted everywhere; but the way reforestation is done needs to be greatly improved, diversifying species and including threatened ones in tree-planting schemes,” Vié said. “Governments and their forestry departments, companies and all those planting trees could easily do this and get positive impact quickly, tackling both the climate change and biodiversity crises.”



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Latest concerns over North Korean troops in Russia

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Latest concerns over North Korean troops in Russia – CBS News


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More evidence of North Korean troops traveling to Russia to aid in the war against Ukraine is raising concerns over the growing alliance between Kim Jong Un and Vladimir Putin. CBS News’ Charlie D’Agata reports.

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