Megatron, there's a few companies that allow you to buy...

Megatron, there's a few companies that allow you to buy securities which give you beneficial ownership of gold via a trust arrangement. One is Gold Bullion Securities which is listed on the ASX (ASX Code: GOLD). Every share entitles you to just under an ounce of gold which is held under a bare trust arrangement. If you do look at GOLD do your own research - I have no idea if the custodian lends your gold to third parties. They also have a $750 issue fee and a $1,000 redemption fee and, given the ownership is via a trust arrangement, I don't know if the issue and redemption fees apply to buys and sells on the ASX or only if you place gold with GOLD or redeem your gold holdings directly from them.