Buying gold bars?


Posted September 7th, 2009 by admin 3 Comments »
buying gold
ipodrocker asked:


Ok so i just want to know would it be a good investment over a year or 2 to buy gold bars then sell them…if so where would i sell them to? Just those jewlery shops that say “We Buy Gold” or do they rip you off

Where to buy and sell gold bars/ coins in Delhi?


Posted May 18th, 2009 by admin 6 Comments »
gold buying
Raj asked:


I want to buy gold bars or gold coins in Delhi. Some say that banks are selling it for higher price, so I guess I should opt for jeweller shop. Any idea, which jelweller shop can I trust? Also, how do I know if the gold bar is pure?

Do I need a PAN card at the time of buying and selling gold bar from jeweley shop?

Do I need to pay tax if at the time of selling gold bar? What if I got cash from buyer?

Is it easy to buy and sell physical gold?


Posted February 7th, 2009 by admin 2 Comments »
gold buying
Waxy asked:


Like gold coins or bars.

Also, is it easy to get scammed buying gold coins and bars.

How can I invest in buying/selling gold?


Posted January 26th, 2009 by admin 7 Comments »
gold buying
salsa champ asked:


I have 5 thousand dollars and want to invest in gold commodity. Is this money enough to buy and sell gold? Is there a website where I can buy and sell gold?

do you need to pay tax wen buying and selling gold coins?


Posted January 23rd, 2009 by admin 4 Comments »
gold buying
nutty asked:


I was told that the companies like Monex do not report when you buy/sell gold coins, but do report when you buy gold bullion. Is this legal and is this true?
To clarify, the point I’m making is that if you purchase coins you do not need to pay capital gains tax if there is a profit whereas on bars you do need to pay capital gains on profits. I was wondering if anyone can verify this.