It is true that the value of gold fluctuates in the short term, but it has always remained stable over time. To protect against inflation &the depreciation of major currencies, it has proven to be an effective hedge.
Futures, options, spot prices, & exchange-traded funds (ETFs) are common methods of making bets on gold's price, which is known as "gold trading" (ETFs). Transactions for gold bars and coins are usually settled in cash rather than in physical form.
Futures on gold Investors can benefit from fluctuations in gold's price in the future by purchasing these contracts. In contrast to an options contract, a futures contract is binding on both parties, even if the transaction fails to generate a profit.