Buy or Sell Gold?

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Buy or Sell Gold?

Post by Admin on Tue Jan 29 2008, 22:06

Gold Prices are all time high in India... What do you think? Will it go up further? Or will it be a good idea to sell of and book profit, if one had bought gold ealier at lower prices?

I feel it is likely to go up further in next few months since marriage seasons are ahead.

What is your take?
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Most of the people in India buy gold in ornaments form

Post by gbhupesh on Wed Jan 30 2008, 01:44

For the people who has Gold in ornament form (as the case with many Indian), this is not a good short term investment options, because loss of making charge and salers/buyer commision will eatup into all gains.

For other who buy gold as bar or ETF should hold as weakning US economy will keep Gold price up.

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Re: Buy or Sell Gold?

Post by rakeshkamble on Wed Jan 30 2008, 14:36

Can you also let me know what kind of returns can we expect by investing in gold. When do you think will be good time to enter into this commodity?
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Re: Buy or Sell Gold?

Post by sidhartha on Wed Jan 30 2008, 21:24

gold prices are expected to go up in the near future...bcoz of many reasons...investing in gold ornaments might not be a good way if you are only investing for profits...as gold shops or gold smiths don't buy it back..or tell you to exchange with gold ornaments or if you want in cash will pay you only 90% of the amount...invest in solid gold coins,or gold bars...24 carats...

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Re: Buy or Sell Gold?

Post by rakeshkamble on Wed Jan 30 2008, 22:02

Can we invest in gold in the form of shares? Like commodities?
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Re: Buy or Sell Gold?

Post by Mohammedowise on Thu Jan 31 2008, 14:32

Not sure but I guess some Banks are offering Gold Bonds...

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Re: Buy or Sell Gold?

Post by gbhupesh on Thu Jan 31 2008, 18:48

That is called Gold ETF. You can try searching for different GOLD ETF in trading account .. or ask your share broker to help in investing in GOLD ETF.

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Re: Buy or Sell Gold?

Post by rakeshkamble on Thu Jan 31 2008, 21:19

What kind of returns can you expect if the market is stable?
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Re: Buy or Sell Gold?

Post by enidhi on Thu Jan 31 2008, 21:24

Land and Gold are always high reward investments. Any dip in the price will be only temporary. 10 years down the line dont be surprised if Gold costs Rs 5000 or 1000 per gram...
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Re: Buy or Sell Gold?

Post by sidhartha on Mon Feb 04 2008, 14:15

rakesh is obsessed by comodity trading i guess!!!!!he he he he...ok let me throw some light on comodity trading or even forex trading.....disadvantage is.....to open a comodity trading acount you need to have atleast 10,000$ or precisely 3.9lakhs.....need to have a lot of knowledge on the same......its a subject in itself.....might be you can learn more....on reymount comodities just search in google....it give you a simulation and teaches you to do comodity trading...might be helpful...to get real picture of comodity trading....

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Re: Buy or Sell Gold?

Post by rakeshkamble on Mon Feb 04 2008, 17:38

Thnx Sidhartha
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Re: Buy or Sell Gold?

Post by ashwini on Mon Feb 04 2008, 21:17

Good to see so many guys interested in gold... Laughing we usually buy for wearing them and not to make profil....
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Re: Buy or Sell Gold?

Post by Skumar on Thu Feb 07 2008, 10:41

lol!
ashwini wrote:Good to see so many guys interested in gold... Laughing we usually buy for wearing them and not to make profil....

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Re: Buy or Sell Gold?

Post by dileep on Thu Feb 07 2008, 11:32

But the forum is all about "Money Talk" Very Happy

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Re: Buy or Sell Gold?

Post by enidhi on Thu Feb 07 2008, 12:10

Yeah Yeah... Dollar Its all about money, Honey...
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Re: Buy or Sell Gold?

Post by ashwini on Sun Feb 24 2008, 14:09

Very Happy
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Where to sell gold

Post by oden on Mon Jun 01 2009, 17:12

Hello,

I got gold in bulks in bar form. Where to sell gold? Could someone please help me. If you want I'll give you the specs.

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we should:

Post by nitikasnv on Mon Jan 18 2010, 15:56

Hi,

GOLD prize will definitely going to raise in near future.

I think we can invest in GOLD.

In future if we have any requirement then we can good returns

Thanks

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It depends on the market what it say:

Post by nitikasnv on Thu Feb 25 2010, 16:30

Hi,

It depends on the market actually.

On basis of that we have to take decision that what we have to do.

Thanks

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sell my gold jewelry

Post by vnspramod on Thu Apr 22 2010, 11:52

Gold jewelry thatís out of style or simply doesnít suit current taste isnít
doing you any good sitting at the bottom of your jewelry box. You probably feel
guilty every time you see it, knowing you wonít ever wear it. Why not sell it
and get something thatís more your taste with the money you make? If you
donít like gold jewelry and prefer sterling silver or white gold, you
can sell your yellow gold and use the money to invest in some classic pieces in
the color you prefer and that youíll wear for years to come.

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Re: Buy or Sell Gold?

Post by bentley1988 on Thu May 06 2010, 00:32

gold is massive at the moment in the UK and everyone is selling.... you see the adverts on the telly every 5 minutes offering cash for gold so something is being done here.

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Re: Buy or Sell Gold?

Post by sru123 on Sat Aug 07 2010, 17:16

hi.

Gold Prices are all time high in India...
o fine sharing the information..

regards,
phe9oxis,
http://www.guidebuddha.com

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