#382 Author: Ravi Kumar Dubey Member Level: Silver Member Rank: 29 Date: 09/Jun/2010 Rating:  Points: 3 |
Hello,
Gold is that kind of metal which only goes up and dont ever downfall in its price. Its the best investment which never make you loss , it is better you some gold and gather much more and make yourself profit and you should not sell them before the price hike, treat it like your savings and avoid using it and try to keep in bank locker to save it from theifs. And mind it never buy jewels and avoid coin , if you can buy bars then it will be profitable to you.
With Regards RKD Proud to be an AndhraSpider Member
Mail Me: rkdnet@gmail.com Visit My Blog
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#384 Author: K MOHAN Member Level: Gold Member Rank: 5 Date: 09/Jun/2010 Rating:  Points: 2 |
Hai Ravi
Gold prices will continue to raise because of many reasons.
The real estate business is dull now, and that money is being diverted to gold.
Hence demand for gold increased and the rate too.
K Mohan
Lets unitedly work for the progress of this site...
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#387 Author: Ravi Kumar Dubey Member Level: Silver Member Rank: 29 Date: 09/Jun/2010 Rating:  Points: 2 |
Hello Mohan,
Yes you are 100 % correct , if the other sector will be down then the rate of gold will surely increase and i must say it is not the only point to raise the price of gold but its the most strong point.
With Regards RKD Proud to be an AndhraSpider Member
Mail Me: rkdnet@gmail.com Visit My Blog
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#404 Author: sri Member Level: Gold Member Rank: 4 Date: 15/Jun/2010 Rating:  Points: 3 |
Hi..
In my view gold price will definitely increase in the future. Because 4 to 5 years back, the gold price is reasonable and 10 years back it is very less. Generally one gram of gold used to be 300 to 400 Rs at that time. But now, one gram costs around 1600 to 1700 Rs.
Now a days buying and selling gold became an international business.
Editor Andhraspider
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