Tuesday, August 7, 2012

FAQ: What you mean the GOLD INVESTMENT ? | Gold Investment ...

Q: What you mean the GOLD INVESTMENT ?

I am living in Dubai (UAE) I want know how can invest in gold investment- what the lowest investment in gold market-basically I am an indian.

www.goldsenze.com Answer:

gold can be invested in many ways- bullion ownership, certificates, accounts, even stocks. so basically the minimum would be whatever the minimum account is at the brokerage house sometimes around 500 dollars, but they are different. Bullion ownership usually requires a bigger investment than just an account with a brokerage house to buy stock. You should get some advice on this though. When prices are highest is not the best time to buy. You make your money on the front end by buying cheap so no matter the result your ok, if you buy at a high price in hopes it will rise your profit may not be there. If you dont have a lot to invest stick to coins or the little gold bars like the 1 ouncers that are cheaper.

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