LONDON -- The price of gold has come back with a bang since the latest European Central Bank bond purchase program and the U.S. Federal Reserve's QE3 were announced. Early on Friday morning, spot gold was trading around $1,771 per ounce, down slightly from a high of $1,779 earlier this week but up by more than 9% over the last month.
Of course, the only practical way for most private investors to hold gold is through an ETF, and the $63 billion SPDR Gold Trust ETF
Miners outperforming gold
Many investors prefer to invest in gold-mining stocks, rather than gold itself, as investing in miners offers the potential for leveraged gains on the price of gold.
Investors in Cluff Gold
Meanwhile, FTSE 250 miner Petropavlovsk
Finally, the largest pure gold miner in the FTSE 100, Randgold Resources
Shares versus commodities
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Further investment opportunities: