How to invest in Gold & Silver Commodities in the Revolut bank app

In the third of a four part series I explain the key features of the Revolut Commodities service.

Currently Revolut allows the trading of two Commodities -

1. Gold (XAU)
2. Silver (XAG)

It is important to note that Revolut will not send physical Commodities to you. These will be held on your behalf in a financial institution. It is therefore important to fully read the Terms and Conditions before investing.

If you have any questions please don't hesitate to comment.

Disclaimer - this video is for educational and entertainment purposes only. The views and opinions expressed are my own. The information in the video may be viewed or regarded as general guidance but not financial advice or any instruction to act. Any guidance given is based on my experience only and viewers should always conduct their own research and consult a financial advisor as necessary.

Full Disclosure - I am not sponsored by Revolut and I do not promote the app. I am seeking to share my experience using the app only. Other trading platforms are available. Please conduct your own research before investing money in any digital platform.

[youtubetogether]

Finally someone that explains that the investment is on an index and not physical gold. But still, what does it mean to invest in the gold index?

[utingabernardo]

Thank you for the succinct and transparent explanation.

[rimantas]

I have a completely different menu. There are no "Commodities". Or you didn't start explaining from the beginning.

[joseanargoitia]

Hi, it is any difference in investing using different currencies?

[MenelmacarGR]

You should include the fees revolut is charging for commodities. It's not "free" to buy them or crypto, as opposed to stocks.

[MiguelPMoya]

Thanks for the explanation! What is your opinion about silver? Is it usually following what gold does? Cheers!

[brakeduster]

Not sure whether to buy Gold or not as new to all this. The price is as high as ever in the past 10 years, so not much money to be made. However, there will be a recession with the covid pandemic and Gold holds its price better than stocks. Would you not be better squirrelling away your money rather than investing in Gold for medium to long-term right now? I'm just throwing that out to anyone with a Crystal ball lol