The yellow precious metal, used in jewelry, and as money, as well as in the industry and medicine.

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Does Gold Pay Interest In Negative Rates?

From my SO the other night: Gold pays interest when there's negative rates. If someone holds gold, they have to store it in a manner that will cost (money or time) and if someone holds gold in a ...
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1answer
101 views

Is paying high-value home loan by taking gold loan better?

I have a housing loan of 27 lakhs with the interest rate of 10% for 5 years. Is it really worth if I take gold loan and do a housing loan pre-payment out of it? I understand that gold loan is ...
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1answer
55 views

Why did gold dip in 2011 [closed]

Can anyone give a good explanation why gold was mostly flat for 20 years counting from 1987 and then it shot up in 2006-2007 and then dipped in 2011? What caused the increase and what caused the huge ...
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2answers
158 views

Why is USA tax reporting different for essentially identical gold coins?

I was just reading about how bullion dealers are required to file a USA 1099-B when someone sells 25 or more 1oz gold Maple Leafs, Kruggerrands or Mexican Onzas through them, but that there is no such ...
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3answers
182 views

How do gold sovereign coins compare to other gold investments? [UK]

I'm starting with the assumption that gold is sometimes useful for diversifying risk, responding to economic instability, or generally commodity trading. That stated, there are obviously different ...
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1answer
161 views

What explains the enormous increase in gold price in the early 21st century? [closed]

I just saw a chart of gold price over the last few decades. Between 1980 and 2000, gold price actually fell, but not at a steep rate. Then suddenly, in 2002-2011, its price nearly decupled (10x). I'...
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64 views

Is it better to have gold cfd contract or real bullion gold bars? [duplicate]

Title says it all, I'd like to know the advantages and disadvantages of both.
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4answers
775 views

Why is gold not a good investment? [closed]

The following comment has 18 up votes: Gold is really not a good investment. ā€“ Almo (source) What's the deal with it? Is investing in gold bars equally bad as investing in gold jewellery?
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2answers
113 views

Buying gold/silver bullion internationally

My understanding is that gold and silver have a set value at any given point, but I've been told that it's possible to buy it cheaper in other countries, specifically China. I can believe this for ...
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1answer
268 views

If our economy crashes, and cash is worthless, should i buy gold or silver [closed]

If cash is worthless, should i have bought gold or silver when cash was worth something?
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2answers
127 views

Can individual investors buy precious metals at the spot price?

I'm learning about investing in precious metals. I know that when you buy gold or silver bullion from a dealer, you typically pay the dealer a commission above the spot price. I'm working from an ...
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1answer
167 views

Is it a good time to buy gold [closed]

I live in India and currently the gold prices have dropped. Is it a good time to invest in gold now or should I wait. I have checked the rates and they are Rupees 2500/gram
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1answer
171 views

How can I track down physical gold bought by my grandpa, but held by the bank?

My understanding is that my Grandpa and Grandma bought a gold bar or a portion of a gold bar and were issued a receipt and the gold was either held by the bank that facilitated the deal or a third ...
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1answer
73 views

How to buy a Gold ETF in India?

How can I buy a Gold ETF in India? Are they the best way to invest in Gold, and are there any other options?
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4answers
337 views

Why is it 100 oz and not one ounce?

Why is gold measured in USD / 100 oz and not 1 ounce (as reported everywhere else) on the Financial Times web site, http://markets.ft.com/research/markets/Commodities? To clarify, http://www....
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1answer
158 views

Where can I buy real gold and sell it later as shown in market?

I want to invest money in Gold. Where can I buy Gold and sell it later when the gold prices are high? (high in the market as shown in market NASDAQ/NYSE)
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1answer
151 views

A goldsmith's hedging strategy, simplified

A goldsmith has bought 100oz physical gold for his trade and paid $1300/oz. He is going to be ready to sell his jewels in 3 months from purchase. In order to hedge against falling prices of gold, he ...
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2answers
124 views

Gold futures' margin

How is the margin for gold futures determined? Where exactly can I look to find the current margin (pls, state website)?
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2answers
729 views

Why is a home loan (mortgage) cheaper than gold loan?

I am not sure if this is a India specific issue. I understand that gold is a basically non-value add asset and real estate business generates jobs and people do need houses to live in. My doubt is ...
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4answers
1k views

Investing in gold with a foreign currency

I watched a commentator on television state that they're bullish on gold but only in yen terms. Are there financial instruments similar to the gld that let me choose the currency that gold is bought ...
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3answers
349 views

I want to invest in Gold. Where do I go and buy it?

I would like to invest in some Gold. The current rate of Gold is Rs 27,800/- per 10 grams. Some banks like HDFC offer gold but at a much higher inflated price of Rs 29,084/- Some of my questions ...
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2answers
2k views

What are the differences between gold/siver “coin” vs. “round”?

There two types of silver (and gold) in the market available: silver coin and silver round. I am looking answers for this two questions. What are the main difference between them, and advantages of ...
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2answers
292 views

Should I switch/rollover my IRA to a Gold IRA at Regal Assets?

I was recommended from a friend that I should consider switching my current IRA to a Gold IRA. She sent me a link and told me to consider switching over to Regal Assets. I haven't searched around a ...
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0answers
77 views

Forward Contract Extension

I was reading this article Below is a small snippet from the article. I'm wondering how Barrick gold could extend the hedge at its own option. How would this be executed and how do they have this ...
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1answer
176 views

How to calculate micro lot leverage?

For these gold and silver products http://www.fxdd.com/us/en/products/metals/, how many micro lots are required so a penny move is worth a dollar? How much leverage does that equal? I've traded ...
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3answers
3k views

How does a mint determine the face value of precious metal coins and what does it mean?

If one were to look at silver/gold proof coins that are minted by/for/on behalf of the government, one could see that some coins would bear a face value, such as the 1/2 oz $25 American Eagle gold ...
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1answer
333 views

It is ok if I under-report my cost basis for certain securities?

Yes, I would like to say that my cost basis is lower than it actually was (and thus pay more taxes). Quick story, which I think is mostly correct (but I can't remember all details): I own shares ...
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1answer
438 views

What's the best gold investment strategy for a Singapore resident?

I'd like to buy gold in small amounts (1 gm) when the prices are attractive, but I can't keep a watch on it. I'm buying gold as a long term investment / hedge, and I don't have plans to sell it. ...
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3answers
1k views

Is buying or selling goods for gold or silver considered taxable?

Is buying / selling goods for gold / silver taxable? If yes, what's the rationale behind this?
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1answer
128 views

Are there debit cards tied to commodities?

I'm wondering if there are debit cards tied to commodities? For example is there a debit card where I can deposit in Gold, Silver, or cash that is immediately converted to the asset and then use the ...
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2answers
3k views

How does spot-futures arbitrage work in the gold market?

According to Kitco, the spot price for gold, at time of writing, is about USD 1240 per ounce. At time of writing, CME Group shows that futures contracts are above that price for many months ahead. ...
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2answers
5k views

How can I invest in gold without taking physical possession?

I want to buy gold but I do not want to physically store it. I just want to invest in the price of gold. Where can I buy electronic gold certificates? Something like putting money in the bank but ...
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2answers
163 views

Investments backed by physical Diamonds?

I understand people can invest in Gold via ETF's which are investments backed by physical gold. My question is, do investments exist which are physically backed by Diamonds?
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5answers
1k views

How to invest in gold at market value, i.e. without paying a markup?

At 2013-03-24 - 11:30am, the value of gold in the UK per oz was 1056.7GBP. I can buy a 24 carat 1oz gold coin (999.9) for 1132GBP. I can sell that gold coin for 1010GBP. I am clearly doing ...
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1answer
472 views

e-gold VAP - safe to use?

Some years ago, I created an e-gold account and transferred some gold into it. e-gold's service has been suspended in 2009 for legal issues. Now, they offer a VAP ("Value Access Plan") to let me ...
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1answer
234 views

Ideas about Gold Investment [duplicate]

Possible Duplicate: Pros & cons of buying gold directly vs. investing in a gold ETF like GLD, IAU, SGOL? Iā€™m a new player in this so I hope someone can offer me some suggestions. I want ...
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2answers
2k views

Pros & cons of buying gold directly vs. investing in a gold ETF like GLD, IAU, SGOL?

Google search brings up some articles on this topic, but they can be biased, so: What are the advantages and disadvantages of buying physical gold vs. investing in a gold ETF like GLD, IAU, or SGOL?
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1answer
103 views

What are the differences in taxes rules for specialty ETFs such as GLD (Gold ETF) and general ETFs?

I am on 15% tax bracket. In terms of shot term hold and long term hold, I want to know what the differences in taxes rules for specialty ETFs such as GLD (Gold ETF) and general ETFs as are?
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1answer
246 views

Is it possible to pay contracts using gold in the UK using legal tender gold coins?

I have looked around for this for ages and for obvious reasons, would be a very efficient means of paying bills without HMRC taking a cut (as long as I can't be attacked for Tax evasion). I have seen ...
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1answer
1k views

Why do Central Banks buy gold for their gold reserves?

I read The People's central Bank of China (i think called PBOC) should have bought 50 to 70 tons fo gold in 2011 (Marcus Grubb, managing director World Gold Council). On the same article it states ...
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2answers
301 views

What is a good way to determine where and to whom to sell gold jewelry?

In my family we have some gold-based jewelry that we want to sell. Not actually needing to sell it, we can afford to look around for a buyer. However, I don't know anything about this sort of thing ...
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5answers
675 views

Pros & cons of investing in gold vs. platinum?

I'm considering moving some of my investments into physical precious metals in case the world economy tanks further. Both gold and platinum are near historical highs, but platinum has been more ...
14
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4answers
1k views

If gold's price implodes then what goes up?

Everywhere I turn I am hearing about investing in gold. It's to the point where I hear about it so much that it's a mania. That just seems to indicate to me that the best thing to do is to be a ...
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1answer
188 views

How can a resident Indian buy and hold physical gold/silver at BullionVault?

Is it legal for an Indian resident to transact at BullionVault? Are there any tax implications? While BullionVault allows deposits from international banks, it only does so in dollars, pounds or euros....
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4answers
331 views

Gold drops on every piece of negative news from Europe/debt crisis, why?

I've watched gold drop right along side the equities as we get bad news out of Europe for the last several months. A threatened Euro means the dollar is more of a (temporary) safe-haven, driving the ...
13
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5answers
947 views

Is physical gold inflation-proof?

I always assumed that physical gold is inflation-proof, but my advisor at my bank claimed it is not ā€” unfortunately without going into details. Now I wonder what he meant. My assumption was: If I buy ...
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2answers
275 views

What is a good/reliable source for current and historic gold prices?

In searching for the current and historic price of gold, the kinds of sites I'm finding seem a bit questionable. What is a reputable site for information about current and historic prices for gold?
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2answers
2k views

Can damaged gold bullion be sold at a bank?

I am considering to buy gold bullion from my local bank and I am performing a risk analysis considering the storage. One major question is what happens if the gold bullion take damage. My bank offers ...
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4answers
673 views

Is the gold and silver in the GLD and SLV ETFs leveraged?

There are various blogs and videos that indicate that the gold that GLD holds (via HSBC) and the silver that SLV holds (via JP Morgan) is leveraged 50 to 1 or 100 to 1. For me there are some ...
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4answers
799 views

What is a good size distribution for buying gold?

I am living in Europe and I am considering buying gold to protect my money in case of a possible crash. My first idea was to get bars of gold and leave them inside the vault of my bank. The main ...