July 21, 2010
Best time to buy gold? Where to buy cheap gold online? Is the gold price same everywhere?
Im not talking about earrings, just coins and whatsoever. Is gold cheap now and is it a good investment to buy gold now? Thanks
Filed under Gold Coin Jewelry by on Jul 21st, 2010. Comment.
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Comments on Best time to buy gold? Where to buy cheap gold online? Is the gold price same everywhere?
Try Ebay. Sometimes you can luck into a good deal, however other buyers tend to be knowlegable and the price has to be closely watched to keep in the running. Buying through Ebay using Paypal to pay gives you buyer protection against getting ripped off.
Anytime is a good time to buy gold. Gold prices can be different depending on the seller and their need to sell quickly. You can also get pretty good deals through pawn shops but make sure you know your product since returning an item is often refused.
Good luck!
The best time to buy gold was several years ago. However it has been steadily rising for the past several years, and now it has dipped a bit. Will it dip lower? If so, how low? Nobody knows.
Gold is not exactly cheap, current spot price is $1115. 10US / troy ounce. Many people think the price of gold will rise in the long run, which would make it a good long term investment.
The spot price of gold is essentially the same everywhere, allowing for currency valuations. When the price rises in the souks of Istanbul, it also goes up in London and New York. However, you can always find someone who will charge more for gold than someone else.
You can check spot prices here, as well as access information that you may find of interest:
http://www. kitco. com
Grandpa