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Gold Is Near a Record High. Here’s How to Invest

The yellow metal is a useful disaster hedge.

Investors don’t need to pile up gold bricks in a vault to gain exposure to the precious metal. 

Investors don’t need to pile up gold bricks in a vault to gain exposure to the precious metal. 

Photographer: David Gray/Bloomberg
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Welcome to  Money Distilled . I’m John Stepek. Every week day I look at the biggest developments in the world of markets and economics, and explain exactly what it all means for your money.

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