Will the price of gold go down or up?
The price of gold is gradually increasing by the day. Today it has decreased. Can anyone say whether it will go higher or lower? Is it safe to invest in gold?
20 Replies
Gold price is increasing like anything. The main cause for increasing is many big shots are investing on gold and most of the golds are hidden by them. :(
Yes this is the major reason people those many money invest on gold and kept them in their lockers causing its price hike. :evil:
Gold price is increasing like anything. The main cause for increasing is many big shots are investing on gold and most of the golds are hidden by them. :(
Yes this is the major reason people those many money invest on gold and kept them in their lockers causing its price hike. :evil:
Yes most of the golds are sleeping in locker. Everyone needs to stop investing on gold. That only helps us to get gold cheaper. :)
Its really very bad. If the price increase as like this. Then, middle class people cant able to purchase gold. :(
Actually your area is very safe for gold users, in our area women have stopped wearing gold. This is very dangerous.
Here in our area usage of gold is less but, they started using gold as storage. :):lol:
But I have seen girls, even small girls wearing lots of gold allover South India in every state particularly in TN and Kerala. I have nowhere seen so big gold shops as in Kerala.
Yes, you are right. In kerela people will use gold very much. Now they are started investing on gold very much. :)
Actually whenever i traveled from Palakkad toward Kochchi, I found so big shops on the way and in Cities around Allepy, Madurai, Kanyakumari, and every where I saw every girl wearing gold every where. Big necklaces and chains.
Yes, in TN we use gold ornaments for girls more than body. :)
I think the price of gold will continue to rise and there is no signs of decrease in gold price in near future. It has already reached 30,000. But inspite of increase in the price the demand for gold has not decreased. People still buy gold as a part of investment or for personal use.
But I have seen girls, even small girls wearing lots of gold allover South India in every state particularly in TN and Kerala. I have nowhere seen so big gold shops as in Kerala.
Yes, you are right. In kerela people will use gold very much. Now they are started investing on gold very much. :)
{CJATTACHMENT ["id": 7480]}
No yaar...I won't wear gold ornaments except Thaali and Anklets. Years have passed single I wore a bangle.
It's true, aunties and grand mothers like to wear a lot of gold ornaments. It's not the case of present generation. they always opt for fancy types, including me.
But I have seen girls, even small girls wearing lots of gold allover South India in every state particularly in TN and Kerala. I have nowhere seen so big gold shops as in Kerala.
Yes, you are right. In kerela people will use gold very much. Now they are started investing on gold very much. :)
{CJATTACHMENT ["id": 7480]}
No yaar...I won't wear gold ornaments except Thaali and Anklets. Years have passed single I wore a bangle.
It's true, aunties and grand mothers like to wear a lot of gold ornaments. It's not the case of present generation. they always opt for fancy types, including me.
{CJATTACHMENT ["id": 7482]}
Topic Author
D
Deepa
@saideepa
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Created
Tuesday, 08 May 2012 17:06
Last Updated
Tuesday, 30 November -0001 00:00
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