Gold, unlike other physical assets, has very little industrial or practical purpose but it can be an effective way to hedge a traditional portfolio. Yet, using inefficient products such as ETFs could expose traders to unexpected risks and drawbacks. The futures and options markets, on the other hand, offer highly efficient access to gold price exposure fitting the needs and risk tolerance of any sized investor or speculator. Learn what moves the gold market, how to analyze and understand gold's seasonal tendencies, how to mine for clues in the COT report, and many more.