Gold is a ‘must have’ in your investment portfolio. However, buying jewellery is not as good an investment as buying pure 24-karat gold. Hence, when we talk of gold as an investment, we mean gold coins, gold biscuits or gold bars – any piece of 24-karat gold. Apart from jewellers, banks and post offices also sell gold. So, from where should you get your gold? Here are your choices:
* Jewellers
All jewellers sell gold coins, gold biscuits and 24-karat gold rings. You can visit your trusted jeweller to purchase gold. You can resell a piece of 24-karat gold without any loss in value. It is important that you check that the gold coin/ bar /ring, etc has a 24 karat seal on it.. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,gold jewellery,women's jewellery.You can wholesale jewellery.
The cases of fraud amongst jewellers are common; hence it is best to buy gold only from jewellers that you trust. It is a good idea to verify the purity of gold from another jeweller. The advantage of buying gold from jewellers is that it is one of the cheapest sources plus it blends with consumer mindsets of buying gold from jewellry shops. Also, you can take it back to the same or any other jeweller and cash it at the current selling rate.
* Banks
Banks too sell gold. State Bank of India, Axis Bank,. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery, gloves and tights.Jewellery for sale here,we aupply womens accessories,jewellery rings,gold jewell Bank of India, ICICI Bank and HDFC Bank are amongst banking institutions selling gold coins. A bank is probably the most trusted source to buy gold. Banks give certificates of purity for the gold coins they sell.
However, getting your gold from banks will be costlier as they charge a premium of 10% to 15% over the market rate.. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,jewellery rings,gold jewellery,women's jewellery.You can wholesale jewellery. So, if your jeweller sells 1 gram of gold for Rs 1853/- (as of June 6, 2010), you can get the same from a bank for an additional amount of Rs 278/. So, for 10 grams of gold, you will pay Rs 2, 780/ more at the current rates. Also note that banks are not permitted to buy back the gold they sell. So, you will have to find another buyer for it.
* Gold Exchange Traded Funds
If you are purchasing gold solely for investment purposes, you don’t really need to buy gold in its physical form. You can buy gold in demat form—gold exchange traded funds.. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,wholesale jewellery. A unit of an ETF fund approximates the value of 1 gram of gold. So, modest purchasers can...
Tuesday, August 10, 2010
Where should you get your gold
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jewellery
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