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ETF Specialist

Should You Have a Shine for Gold?

Here's why and how investors should add gold to their portfolios.

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Fear and uncertainty have prompted a consistent interest in gold, fueling the metal's decade-long upward tear. Gold's runup has likely left many investors wondering whether they should build a position or keep their distance from the shiny metal entirely.

Investing in gold is not necessarily a priority for everyone. Speculators might be attracted by the potential for eye-popping returns, but history has shown that successfully timing a short-run gold investment is not an easy task. When bullion prices are skyrocketing, it's all too easy to jump on the gilded bandwagon. Gold prices soared in the early 1980s, and many speculative investors poured into the market only to lose their shirts after the price of gold collapsed.

Abraham S.H. Bailin does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.