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In view of recent rise in Value of Gold how a commoner in India should proceed to sale Gold Ornaments ? |
Keeping in view of recent rise in value of Gold,many common Indians are considering to encash their Gold Ornaments for investing in Stocks or otherwise.My question is ,how one should ideally proceed for selling of their Gold Ornaments so that there is least possibility of cheat or loss. As a common practice,does one have to compulsorily approach a Gold Smith or a Jewellary Shop for selling Gold Ornaments or are there some Authentic Organisations / Banks who help and guide in selling Gold Ornaments and / or Buy themselves. I had listened some times back about some scheme , in which some Banks help converting Gold Ornaments to Gold Bars and then accept for issuing Gold Bonds. What is that and which Banks are providing such facilities? Gold has tripled in last 7 years and only going higher long-term, please hold onto it as the best investment you have. With US interest rates being cut, the dollar will keep falling and US gold should go over $1,000 per oz! Personally, I also invest in real gold nuggets. The larger nuggets are very rare and command a premium over spot gold. My favorite site for gold nuggets is: |
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