Buying gold is as easy as buying a gold ETF with one listed locally in Rands from Absa and a US one trading in US$ from State Street Global Advisors. Both have the code GLD.
Our local Exchange Traded Fund market is tiny compared to the overall market, but we have some decent sized ETFs.
Absa and Sanlam are merging their investment businesses and this includes NewFunds ETF being taken over by Satrix.
Investing is about more than just shares. There are a number fo different asset classes we can buy and this article digs into the details.