Beginners and those who value security and easy resale.

If you don't want to worry about a safe or insurance, "paper gold" is an alternative.

You pay the lowest "premium" over the current market spot price.

If buying for value, stick to 22K or 24K gold with minimal design work.

American Gold Eagles, Canadian Maple Leafs, and South African Krugerrands.

Day traders or those who want exposure to gold prices without physical storage. Why: You can buy and sell instantly on the stock market.

Buying gold is a classic way to protect your wealth, but the "best" type depends entirely on whether you want a financial hedge, a collectible, or something to wear. 1. Gold Bullion Bars