Best place would be Razak Gold or MS Gold...
Selling off gold, ...where to sell?
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 Aug 19 2023, 02:09 AM
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452 posts Joined: Dec 2007 From: Celle, Germany  
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Aug 19 2023, 02:18 AM
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QUOTE(lawrencesha @ Aug 18 2023, 04:18 AM) When buy jewelry type gold, you buy the gold, + workmanship. Yup, that's correct. Gold bar is investment, and treated as money - so there is no tax on it, even in Singapore. Just like you exchange money at a money changer, there's no tax. You're merely changing from one form of money to another.When you sell, you only sell the gold. Even if gold price increase, you already rugi. Unless you are buying bullions, gold is not an investment.  But jewelry will have labour cost and value added tax. Making a profit from selling them would be harder. |
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