Some investors want to buy gold but feel uneasy about storing it overseas, by another person… and for a commission nonetheless.

But on the same token, not many want to make their homes a burglary target by stashing gold reserves in their basements.

Enter SPDR Gold Trust (GLD), an exchange-traded fund (ETF) that trades like a stock, but whose value directly tracks the price of gold bullion.

Only 1.82 percentage points separate the gains made by gold price and Gold Trust in the past year.

Gold Trust has a $17 billion-plus market cap, giving it ample liquidity.

And with the ongoing skid in the U.S. dollar, investors have been fleeing the greenback and investing in gold. As it gains investors, the Gold Trust has continued to add to its gold holdings.

At the same time, central banks have been selling their gold reserves. That’s important to mention because it elevates Gold Trust’s status on the list of global gold holders.

Right now, it has the eighth-largest gold holding in the world - meaning that it has more gold than 97% of all the countries in the world. What does this mean?

Simply put, it’s the simplest way to buy gold without buying physical bullion or coins.

Full article: The 5 Best Gold Investment Plays