Gold prices are almost at its 6 years low. Do you consider investing in Gold or Buy Gold Jewelry

India
December 14, 2015 11:44am CST
Gold prices are seen falling since few months, do you consider gold as good investment option at this point of time? In India there is huge demand for Gold Jewelry (Ornaments), people like to wear gold ornaments and even consider it as a status symbol sometimes. Mostly women were very much fond of Gold Jewelry and they wear different kinds of gold ornaments in marriage functions and in some festivals. I don't think the same was the case in many countries and people in most of the countries are not that interested in wearing gold ornaments, am I right? and finally do you like Gold Jewelry
4 people like this
6 responses
@veganbliss (3895)
• Adelaide, Australia
16 Dec 15
We need to take another look at investing in hard assets. Very soon, we will wake up to find our currency has collapsed overnight & everyone who has our money will be closed for business. All we will have left is what we can hold in our hands now. We used to laugh at Indian people for buying up on gold; soon we will be laughing on the other side of our faces when overnight they become among the wealthiest on earth.
1 person likes this
@celticeagle (159936)
• Boise, Idaho
14 Dec 15
If I was going to sell internationally I might buy some of both.
1 person likes this
@youless (112164)
• Guangzhou, China
15 Dec 15
I am not interested in investing to the gold. If I have money, I prefer to invest it to the stock market or real estates. Of course it is risky but the profit can be a lot at the same time.
@louievill (28851)
• Philippines
15 Dec 15
I like gold if somebody will give it to me, seriously if a commodity dips to it's lowest, tendency is for it to go up, so let's just be hopeful especially for those with gold investments
@marlina (154165)
• Canada
14 Dec 15
Not thinking of investing in gold or silver at all.
@Driftr (201)
• Coimbatore, India
15 Dec 15
I think investing on Gold is good if you are from India. You can get your family 22K gold or invest in 24K gold as gold prices are falling. As for me, I wouldn't coz I already have debt to clear.