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    Which is better Gold Coin or Gold Bars, for investing?


    Posted Date: 09 Jun 2010      Posted By:: Ravi Kumar Dubey     Member Level: Silver    Member Rank: 28     Points: 1   Responses: 3



    Post here Which is better Gold Coin or Gold Bars, for investing. Give the reason too.

    With Regards
    RKD
    Proud to be an AndhraSpider Member

    Mail Me: rkdnet@gmail.com
    Visit My Blog





    Responses

    #383    Author:       Member Level: Gold      Member Rank: 5     Date: 09/Jun/2010   Rating: 2 out of 52 out of 5     Points: 2

    Hai Ravi

    Good question.

    My reply to this post is very simple.

    If you have ample money to invest then go for gold bar.

    If you have litte money to invest then go for gold coins.

    One more thing gold bars always demand good price, whereas

    gold coins wont.

    Thinks twice.

    K Mohan

    Lets unitedly work for the progress of this site...



    #388    Author:       Member Level: Silver      Member Rank: 28     Date: 09/Jun/2010   Rating: 2 out of 52 out of 5     Points: 2

    Hello,

    Yes its all about money, how much do you have is very much important and i must say that this point which mohan jee referred should be kept in mind while buying gold either in any form whether its coin or its bar.

    With Regards
    RKD
    Proud to be an AndhraSpider Member

    Mail Me: rkdnet@gmail.com
    Visit My Blog



    #402    Author:       Member Level: Gold      Member Rank: 12     Date: 15/Jun/2010   Rating: 2 out of 52 out of 5     Points: 4

    Hi RKD,

    To invest on gold is always good. But when we are thinking about bulk investments, as suggested by our Mohan, a good contributor of this site, it is better to go for gold bars. But suppose gold bars if you take, you cannot keep the same in bank and take a loan, when need arises. I mean, suppose after purchase of gold, suddenly you may need some money. You cannot keep the gold bars in bank and take loan. Bank will give loan only on ornaments. So in my view always we should try to invest in different shapes say gold bars, gold coins, ornaments. Always investing in the same manner is not good.

    Subba Raju, MV
    Editor, Andhraspider







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