GOLD BULLION INVESTING, INVEST IN GOLD BULLION, HOW TO INVEST IN GOLD BULLION

GOLD BULLION INVESTING, INVEST IN GOLD BULLION, HOW TO INVEST IN GOLD BULLION
Gold traded near a record in Asia today. The metal climbed to its highest price yesterday in New York on investor concern international financial support for indebted European states will depress currencies.

Bullion for immediate delivery dropped 0.1 per cent at $US1231.50 an ounce in Sydney after yesterday reaching $US1234.50. The previous high of $US1226.56 was set on December 3.

''All we can do is to put our money into real assets because paper money everywhere is being debased,'' Jim Rogers, Singapore-based chairman of Rogers Holdings, told Bloomberg Television today. ''I'm not selling gold forever.''

OZ Minerals rose 3.3 per cent to $1.085. Credit Suisse increased its investment rating on the producer of copper and gold to ''outperform'' from ''underperform.'' Also in Sydney, Wesfarmers, whose businesses range from mining and insurance to supermarkets, climbed 3 per cent to $29.24 after Citigroup raised it to ''buy'' from ''hold.''

Samsung Life Insurance, rated ''buy'' at Hyundai Securities today, climbed 4.1 per cent to 114,500 won.

''Expectations that corporate earnings will recover should support stocks,'' said Hiroichi Nishi, an equities manager in Tokyo at Nikko Cordial Securities.