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
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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 !
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.
Topic Author
S
Sasikanth
@sasi1021
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Created
Friday, 19 April 2013 04:54
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Tuesday, 30 November -0001 00:00
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