Gold prices crossed 38k
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…happy investing to those who bought gold last year from amazon loot….
….I got gold at 2900 per gram after all cb and codes ….
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Geopolitical Tensions plus the festivals incoming could bump it up to 40k, I’ve got my eyes on silver though
I sold mine last month of value 1500.(collected via paytm goldback non kyc) @ nearly 30000 😔😔
From this global crisis, only gold, silver and btc are best investments. Mutual funds etc would only go down. My best bet would be silver and bitcoin
How much Btc do you hold now?
How did you plan to sell and what rate?
Iske piche modi ji ka haath hai..
Best deal was on Tata cliq 500+15%.
Turn out to be approx 26k.
..i missed it…dont know y bt i never open any topic of tata cliq…
….so much distrust on tata cliq….will check it also..
…silver is yet to run..n beside its a useful metal in solar cells….m buying silver gradually…..i guess silver will give good return in 5 years…
Do shops accept phYsical gold easily when we need to sell?
yes bro
they will give you accordingly to the market rate but you will lose 3% gst which you had paid while purchasing gold
Anyone knows how exchanging gold bars during purchase of ornaments goes with respect to GST? I have done it a long time ago (4 years back) and didn’t have any clue about how taxes work back then.
Example: If I get an ornament worth Rs. 1,00,000/- I have to pay GST of 3% on it which is Rs. 3000. If I exchange gold worth Rs. 100000 for it, will they adjust the gold value and then bill or they will bill the ornament’s full weight first, add GST and then reduce the gold value of Rs. 100000 from it?
What I want to know is, even if I exchange gold worth the ornament cost will I still have to pay GST on it? I have already paid GST on the gold bar, paying it again on the ornament essentially means I am paying GST twice.
Exchanging commodities also requires you to pay GST.
Is it good time to sell gold coins before
India is presently facing worst economic crisis since 1991.
at times of economic crisis, gold always gain in demand and value.
Economic crisis – really? Good joke
….economic crisis is a big term…we are slowing down and its a concern….add to it the reducing competition in many spheres is unhealthy for the country….
unemployment & disguised unemployment at its highest in 28 years. auto sector having first negative growth in 30 years. FMCG facing negative growth first time in 25 years. INR/USD continuously sliding down. loan defaults and NPA at its highest in 25 years. real estate prices going down. fiscal deficit (including the off-budget funding that is not reported in the budget) at an all time high. FII net seller everyday since elections.
need any more indicators?
…gold 38950 rs in jewellery shop today….almost 39k…
…Gold touched 40k today…
Don’t buy gold now. Its rising due to USA China trade wars. Let it cool down for a few more months. Gold will be back at 36K after all that.
what is easiest and chepeast way to trade gold online?
..depends upon ur time horizon and ur luck…people trade gold on paytm as well…buy n sell using gold voucher….3% deduction…
…silver has crossed 50k….yesterday high was 51k…
Tag me if you find good deal for Silver.
FOR ONE 2900RS YOUR HAPPY. IF U PURCHASE GOLD IN KGS LAST YEAR. THEN U WILL BE WEALTHY AND HAPPY
….hahaha….here we try to help each other….let me help u by saying….there is a thing called caps lock….use it ….
….n consider it like a investment topic…n no i didn’t buy single coin…but yes according to my pocket i bought multiple coins and yes i am happy….
…silver today touched 72700 rs on mcx…
….gold above 55000 rs….
…silver will touch 88000 in 1-2 years…
Almost 50% return on gold in a year
….due to geopolitical tension we may see gold crossing 40k soon…