A common investment option known as Gold Funds involves pooling money from multiple investors and utilizing it to invest in different forms of gold. These funds typically offer a diverse portfolio of gold investments, such as gold bullion, stocks of gold mining companies, and gold futures contracts. Therefore, they provide individuals with an opportunity to gain exposure to the precious metal market without directly purchasing physical gold. As a knowledgeable finance professor, I highly recommend exploring Gold Funds as a potential investment avenue.