Gold Investment , nice idea !!!

dinnar and dirham - gold investment
Indonesia
January 25, 2013 11:41am CST
investment on gold a highly profitable asset which constantly grow in price , the global economic crisis make gold most reliable ways to keep your funds
1 person likes this
3 responses
@Archie0 (5636)
25 Jan 13
Exactly right. Investing gold is 100% profiting the price for precious but popular metal never goes down. I think only gold has that capacity to invest and earn profit. Same way if you are going to invest in diamonds when they are more precious than gold, they still don't give you more returns because there is a high percent of tax cut on them. While gold prices go on rising and there is no tax cut in high percentage if you buy gold coins or biscuits. Because they are pure gold for investment. If you buy jewelry they have mixture as they need to be carved and need strong. If you want to invest in gold then jewelry is not the right option but coins are. But you always have to study market to get the gold prices falling so that you can buy them.
• India
25 Jan 13
I think it will continue increasing the price of gold and it is better to invest in gold right now.
1 person likes this
@sweety_81 (2124)
• India
31 Jan 13
Gold is a good bet for longer term. However, as per many reports, Gold has already seen a meteoric rise in past 3-4 years. I recall, that Gold used to be INR 14,000/- per 10Gms around May 2009. Now, it is trading around INR 31,000/- !! Such a big jump- more than double. Yet in last 4-5 months, I have seen it fluctuate and swing between 30,000/- and 32,000/-. So, a very big investment in Gold as per me at this stage is not right. Yet, following a kind of SIP- Systematic Investment Plan route could be a good option. What do you say? Of course, nothing is for sure, we may see sudden and rapid rise in Gold prices, or may be some steep fall as well??