Investing in Gold is Good or not?

by Sasikanth in General Discussions

Sasikanth

751 10.8k 86.6k

12 years ago

Now a days the prices of gold is down it is better to invest in gold or not.

http://in.finance.yahoo.com/news/10-reasons-gold-is-an-awesome-commodity-100223119.html

Earn money just for joining in this site.

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Gulshan Kumar Ajmani

3.48k 21.9k 176.9k

12 years ago

#336914

I gave same link in another thread on gold. I think gold should be last priority.

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

AKP

47 5.27k 36.1k

12 years ago

#336915

Well, I think as its priced has goes down too much, we can go for investment now.

ANDROIOS: http://androios-tweaks.blogspot.com

Abhijit Dnyaneshwar Bangal

79 2.36k 12.7k

12 years ago

#336918

Investing in gold has always been a risky affair. I have heard people saying not to buy gold even when the prices are down. I don't know why.

AKP

47 5.27k 36.1k

12 years ago

#336921

Investing in gold has always been a risky affair. I have heard people saying not to buy gold even when the prices are down. I don't know why.

And so far I was thinking that it is safe to invest long term in it. I mean it always used to increase the price.

ANDROIOS: http://androios-tweaks.blogspot.com

rambabu

1.49k 32k 218.8k

12 years ago

#336924

Now a days the prices of gold is down it is better to invest in gold or not.

http://in.finance.yahoo.com/news/10-reasons-gold-is-an-awesome-commodity-100223119.html

Seeing the mad rush to buy the yellow metal, experts are warning not to buy or see Gold as an investment.

Thank you said by: Gulshan Kumar Ajmani

usha manohar

704 19.5k 126.1k

12 years ago

#336949

Gold is like shares since it is linked to the world market, there are ups and downs in all investments except probably bank deposits. So, the only thing to do is buy when the prices fall and sell when it goes up ! This is not the first time that gold prices have fallen, so I dont see any reason to panic or stay away from it !

Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

krishna pramod

2 402 1.35k

12 years ago

#336951

Investing in gold is a winning investment strategy but when it is purchased in the form of jewellery, gold tends to wear because of regular usage and is prone to damage. In addition to this, the making charges and exchange charges will have an effect on the final price at which you buy or sell the jewellery. Buying physical gold is the best investment in gold. One can buy gold in the coin or bar form from a bank or a jeweller. Available in different weights, these bars and coins can be used at any later stage to make jewellery. The advantage of such form of investing is that you generally only pay the market price, and there's no additional charge in the form of making or wastage charges.

“In the depth of winter, I finally learned that within me there lay an invincible summer.”

anil

220 6.73k 39.2k

12 years ago

#336952

Now a days the prices of gold is down it is better to invest in gold or not.

http://in.finance.yahoo.com/news/10-reasons-gold-is-an-awesome-commodity-100223119.html

It is not right time to invest in gold. wait some time. When price start rising than invest in it.

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