Not sure if this is applicable. Is there any value for 99.99% Au Gold? Usually used for gold coating purposes.
If yes, who buys them..gold merchants, banks, etc?
Gold investment corner v4, Will gold price achieve USD2000 by 2012?
Gold investment corner v4, Will gold price achieve USD2000 by 2012?
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Mar 18 2012, 12:03 PM
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All Stars
26,529 posts Joined: Jan 2003 |
Not sure if this is applicable. Is there any value for 99.99% Au Gold? Usually used for gold coating purposes.
If yes, who buys them..gold merchants, banks, etc? |
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Mar 18 2012, 04:00 PM
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Apr 4 2012, 09:12 PM
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All Stars
26,529 posts Joined: Jan 2003 |
From my understanding, gold is used as a tool of some sort to preserve the value of our money against inflation (pardon me if i used the wrong term), unless of course one is an active trader in buying/selling.
If the price of gold is stagnant for a short period of time, let's say for a period of 1 year, would it be a better idea to put the money in conventional tool like FD instead? Thanks |
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