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Story summary
- Gold investing appeals to beginners as prices approach record highs.
- Amid economic uncertainty, gold is seen as a portfolio diversifier and inflation hedge.
- Beginners can avoid paying the current price of approximately $5,149.59 per ounce by buying fractional gold or using a dollar-cost averaging strategy.
- Investors should limit precious metals to 10% of their portfolio while using gold IRAs or gold ETFs to ease holding costs.
