Which of the Following Allow the Individual to Invest in Gold

question 44

Multiple Choice

Which of the following allow the individual to invest in gold without actually owning gold?

• A)Gold stock
• B)Gold futures
• C)Options on gold futures
• D)All of the above

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Definitions:

Cash Payments

Transactions where payment is made using cash, as opposed to checks, credit cards, or electronic transfers.

Credit Sales

Transactions where the buyer is allowed to pay for goods or services at a later date, extending credit by the seller.

Cash Collections

The process of gathering and managing the cash received from sales, services, or other receivables.

Income Tax Expense

The cost to a company for income taxes owed to federal, state, and local governments, recorded as a financial expense in accounting.