Will the price of gold go down or up?

It might go 1 or 2 thousand rupees down,plus,3000 will be reduce as 1% excise duty is been reduced

ok, thanks, will the rate affect gold coins also?

Yes,it will affect.Just ensure that you buy a genuine one,not online.

but as i watched in news 5-6 dayes before the gold price has increased but that of silver is reduced i guess.

Its not reduced,but it can reduce in few days. I hope so,this could happen.

Hello
We are going to see some downfall for few days, but it is sure that investing in Gold is the best option in present scenario.

If you are investing in Gold always prefer for hallmark gold. You can know the importance of Hallmark Gold

Hello
We are going to see some downfall for few days, but it is sure that investing in Gold is the best option in present scenario.

If you are investing in Gold always prefer for hallmark gold. You can know the importance of Hallmark Gold

Yes..916 BIS hallmarked is now most famous in Kerala.
But the truth is that gold provided by leading jewellers are not at all meeting standards and they are cheating people and gaining a lot. Only comfort is that, when we sell, we get the market price.
If you are investing for long term, of course, gold comes next to land. Buy pure gold. By this way, you won't need to give 15% making charges

Gold is the good option for investment.But,i think you won't get much profit,as the price will not be going too much up.

If you are ready to invest some lakhs, go for a piece of land. Within 5 years itself, you will earn double. Very recently, i have invested in land

Thats good in a way that gold price is reducing.. I didnt know about it.. It would be good investment now because some day gold price will hike again..

No way, there is very remote chance of gold going down. But this is no time to invest either, not in real gold at lest but paper gold (e-gold).

You can invest,some amount in gold,but not much. It won't rise vey much. merely 5 to 6 thousand in 2-3 years.

The price is decreased today due to 1% tax is reduced by Gov.But it will increased very soon.

yes,down fall will be of sometime.Prices is going to go up.

Looking at the global meltdown in equity prices, the upward trend is bound to be there for quite sometime.

Yes I agree, the prices of gold would hardly go down. This is one of the best investment which is safe and secured. Better to go for E-gold.

The latest developments in Europe and America would create more pressures on paper assets and migration to gold and real estate would be the logical consequence.

There is no chance of it going down the way things stand to date. The only thing is that this is not the right time to invest as July or August would see it go down once. That happens almost every year.

looking at the recent trend of last few years it is very difficult to say that gold prices will come down.I think it will go higher and higher and in coming years it will become impossible for common people to buy it. :blink:

At 2005 December, when I bought gold for marriage, it was around 5500 rs for 8g. We calculate as 'pavans' (8g). Now........ :huh: