Re: Gold, buy or sell?
Sorry to coming in betwen you two intelligent guys of TJ is not it when we buy physical Gold jeweller give us 6-700 costly then mkt price and when we sell they give us rate less then mkt tried that and later settled on MCX Goldpetals margin required per gm is 140/ approx but I leave Rs 1000 so no chance of volatality margin call by broker God Bless us all
Physical Gold is probably better. In principle, investment in Gold is done for securing ones wealth in case the electronic/the paper monetary systems go kaput. It is the ultimate avenue.
Gold ETFs are only convenient in transaction and there is no fear of theft. But, for the long haul physical gold is best.
Finally, Physical gold attracts taxes on purchase and sale, which ETF doesn't. If you plan on selling a portion when prices go up, then buying that much ETF is sensible. While the rest should be in Physical.
Nice Point TP.
Gold ETFs are only convenient in transaction and there is no fear of theft. But, for the long haul physical gold is best.
Finally, Physical gold attracts taxes on purchase and sale, which ETF doesn't. If you plan on selling a portion when prices go up, then buying that much ETF is sensible. While the rest should be in Physical.
Nice Point TP.