gold

@riyasam (16556)
India
September 19, 2008 7:24am CST
the prices of gold are going up.many are bringing out their long forgotten jewellery from their safe places.have you noticed this?????or is it just me......
1 person likes this
4 responses
mimpi
@mimpi1911 (25464)
• India
29 Apr 09
I am not sure as to this. My mom is against selling gold jewelery for they are more of sentimental values than of anything else, an asset to the family.
1 person likes this
riyasam
@riyasam (16556)
• India
29 Apr 09
ya but the old family heirlooms cost a fortunes and the younger generation donot think twice before selling them!!
CJay77
@CJay77 (4438)
• Australia
29 Apr 09
I haven't noticed this, but I think the price of gold is going up every year and it can be a good investment for some people! We have a friend here that likes to buy gold coins and they hold it for months or maybe years and they will sell when the price is right and make a good profit from it.
1 person likes this
riyasam
@riyasam (16556)
• India
29 Apr 09
it was a good investment till now but now because of the ongoing economic crisis,the prices have gone down,maybe in future it will turn up.
ketybhagat
@ketybhagat (4123)
• India
19 Sep 08
Are they wearing the gold or are they selling it ? You lose a lot of money as they cut the making charges and a perentage of gold is cut as dust accumulated weight. You get a lot less than what you paid for, unless the prices are really high.
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riyasam
@riyasam (16556)
• India
19 Sep 08
i guess they might be thinking somethings better than nothing.
SangsTurks
@SangsTurks (1444)
• India
19 Sep 08
Well, i have not noticed it as i am not very fond of gold and its jewellery. And what do you think people would do with all that gold in the safe? Do they want to sell it off and get profit out of it?
1 person likes this
riyasam
@riyasam (16556)
• India
19 Sep 08
yes,you are right.MAKE HAY WHILE SUN SHINES.