Gold prices are almost at its 6 years low. Do you consider investing in Gold or Buy Gold Jewelry
@Tirumalesh (90)
India
December 14, 2015 11:44am CST
Gold prices are seen falling since few months, do you consider gold as good investment option at this point of time?
In India there is huge demand for Gold Jewelry (Ornaments), people like to wear gold ornaments and even consider it as a status symbol sometimes. Mostly women were very much fond of Gold Jewelry and they wear different kinds of gold ornaments in marriage functions and in some festivals.
I don't think the same was the case in many countries and people in most of the countries are not that interested in wearing gold ornaments, am I right? and finally do you like Gold Jewelry
4 people like this
6 responses
@veganbliss (3895)
• Adelaide, Australia
16 Dec 15
We need to take another look at investing in hard assets. Very soon, we will wake up to find our currency has collapsed overnight & everyone who has our money will be closed for business. All we will have left is what we can hold in our hands now. We used to laugh at Indian people for buying up on gold; soon we will be laughing on the other side of our faces when overnight they become among the wealthiest on earth.
1 person likes this
@celticeagle (170740)
• Boise, Idaho
14 Dec 15
If I was going to sell internationally I might buy some of both.
1 person likes this
@louievill (28851)
• Philippines
15 Dec 15
I like gold if somebody will give it to me, seriously if a commodity dips to it's lowest, tendency is for it to go up, so let's just be hopeful especially for those with gold investments