Discover P.J. Joseph's blog, your guide to colored gemstones, diamonds, watches, jewelry, art, design, luxury hotels, food, travel, and more. Based in South Asia, P.J. is a gemstone analyst, writer, and responsible foodie featured on Al Jazeera, BBC, CNN, and CNBC. Disclosure: All images are digitally created for educational and illustrative purposes. Portions of the blog were human-written and refined with AI to support educational goals.
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Sunday, January 13, 2008
Invest In Gold Funds, Not Jewelry
The experts say when the dollar weakens gold prices go up, and vice-versa + so invest in a gold fund, not jewelry because gold continues to remain a solid bet for the future + a good way to invest in the yellow metal is in the form of paper, that is, through gold funds + these funds can easily be bought and sold + as the underlying gold of your fund is in the form of bullion, there are no losses in terms of design and making charges + traditional (in Asia) investments in gold tend to be in the form of jewelry + there might be a significant loss of value when you sell your gold because a lot of your purchase price goes towards design and making charges + gold bars and coins are becoming good options + a little gold in your portfolio is good investment strategy.
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