Is gold jewellery investment a good idea?

on Apr 08, 2013 , 11:24 am
1283 Views
(1)
(7)
My parents invested in a lot of gold jewellery but now that they want to sell it for cash, it's turning out to be a big loss for them. They buyers are offering a price much lower than what they invested. Apparently, jewellery entails making charges while buying. But only the weight of gold will get you money when you want to sell.
If you want to invest in gold, buy solid gold. Not jewellery. You'll only end up in loss like us.
Earn TimesPoints
Wow the discussion : 1 point.
Comment on the discussion: 10 points.
Share on Facebook , Twitter or Google+: 5 points
Hide Coin Animation
You just earned Timespoints