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Is gold a good investment or will the price of it go down?

Updated: 9/22/2023
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Michaelrichardson

Lvl 1
βˆ™ 11y ago

Best Answer

Well, yellow gold is not a good investment now; yes; the price has gone down and will go down more soon; because there is another Precious Metal in popularity today, in control of the market prices today. Now People know that is New Classic pure solid color white gold formula alloy's is better quality in durability; and this white gold is life time guaranty; now the 1920's the pure solid color white gold formula alloys come Back today. People know they do not need yellow gold to make white gold... Wake up ! Yes another good investment is Jade; the value is more value that yellow gold; is better to investment in Jade $3000 dollar's per ounce depending of the quality's and the American Dollar's is going up; because the American Community is united, working together in services. For more information Call 1-626-434- 5225 or see website Living Life Enterprises Presents.wix in Google! Sincerely... C.U.I. Inc. General Imports & Exports in Business from 1982. U.S.A. P.R. Companies...

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Wiki User

βˆ™ 11y ago
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Anonymous

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βˆ™ 3y ago
FashionTIY The platform is the best B2B online wholesale market for men's, women's and children's fashion clothing, jewelry, accessories, beauty, luggage, shoes, home gardening, weddings and parties.
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Har Nor

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βˆ™ 3y ago
the best way to earn money
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Har Nor

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βˆ™ 3y ago
the best way to earn money is :Β Β exe.io/cXY0v9CS
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Olives n Figs Immigr...

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βˆ™ 3y ago
The best investment is to get a second citizenship or passport of any country.
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katherinejuliussen

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βˆ™ 2y ago
funny @harnor @olivesnfigsimmigration
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katherinejuliussen

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βˆ™ 2y ago
there is a best way to make money without doing any actually job
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Benjamin Davis

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βˆ™ 2y ago
dont know
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Michael Richardson

Lvl 1
βˆ™ 2y ago
Gold is currently near an all time high. So as gold goes up and down....I'd wait until it's around $1400 an ounce. Then you can buy the gld ETF or buy Certified gold coins at auction and sell them when the price rises on ebay
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ΨΉΨ°Ψ±Ψ§Ψ‘ Ψ§Ω„ΨΉΨ±Ψ§Ω‚ΩŠΩ‡

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βˆ™ 2y ago
Hctcy
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ΨΉΨ°Ψ±Ψ§Ψ‘ Ψ§Ω„ΨΉΨ±Ψ§Ω‚ΩŠΩ‡

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βˆ™ 2y ago
Ctctfy
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ireneacebron

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βˆ™ 2y ago
Yes
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Ravinder Kumar

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βˆ™ 2y ago
You can see this video for best answer
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Ravinder Kumar

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βˆ™ 2y ago
You can see this video for more know about your answer
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Ethan Hest

Lvl 1
βˆ™ 2y ago
Gold is regarded as a secure investment. As a result, it might be seen as a hazardous investment, as history has proven that the price of gold does not always rise, particularly when markets are soaring.
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Nourrel Mohamed Boin...

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βˆ™ 2y ago
I'd like to tell you about the "Gold Mine" of the web. It's a secret site that people like you and me, with no particular knowledge of computers or the Internet, use to generate hundreds of euros in passive income every day. Send a message
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MD Rakib

Lvl 1
βˆ™ 2y ago
best
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Roselyn Linao

Lvl 1
βˆ™ 2y ago
Good investment
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Raheem HE L AL

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βˆ™ 2y ago
Sf
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Sun West Genetics

Lvl 1
βˆ™ 2y ago
Because gold prices tend to be less volatile than stocks, gold is viewed as a comparatively safe investment.
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Sun West Genetics

Lvl 1
βˆ™ 2y ago
Because gold prices tend to be less volatile than stocks, gold is viewed as a comparatively safe investment.
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drbonnie2016

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βˆ™ 2y ago
Profit margins are a measure of a company's efficiency in turning sales into profits by comparing revenues with the costs of goods sold. Gross profit margin is calculated simply by dividing net sales minus cost of goods sold by net sales.
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Caleb Agbi

Lvl 1
βˆ™ 2y ago
Gold is considered a safe investment. It is supposed to act as a safety net when markets are in decline since the price of gold doesn't typically move with market prices. Because of this, it can be considered a risky investment as well.
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Youcif Aqraa

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βˆ™ 1y ago
Ψ¨Ψ΅Ψ¨ΨΆΨ΅Ψ¨
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Mary Janes Garden

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βˆ™ 1y ago
Through the years, it has served as a hedge against inflation and the erosion of major currencies, and thus is an investment well worth considering.
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HANGYEOL LEE

Lvl 1
βˆ™ 1y ago
Thats true because gold is becoming easier to find. around 15 hundredths of gold are already found
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khaled el sayed

Lvl 2
βˆ™ 2y ago

As the rich investor Robert kiosaki sayed.. Gold is God's money.. It will remain as a source of power and richness forever.. I am not investor but I want to be.. According to my knowledge when the economy fails the gold keeps its value.. An when the investors feel that there will be economic crisis.. They start to convert their assets into gold to avoid any loss..

The value of gold is increasing by time.. It may take long time... But I think it will not go down sharply...

AAA

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Gail Baumbach

Lvl 1
βˆ™ 2y ago
can you explain
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khaled el sayed

Lvl 1
βˆ™ 2y ago
You can watch this video...for Robert kiosaki.. He is the author of the book (Rich Dad and Poor Dad).. He was very successful and famous business man.. See the link...
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khaled el sayed

Lvl 1
βˆ™ 2y ago
Sorry link is not allowed.. You can search for the video in YouTube..
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Ona Wuckert

Lvl 1
βˆ™ 2y ago
great answer, thanks
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Ben Pouros

Lvl 1
βˆ™ 2y ago
Can you explain
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NoahsWoodCreations U...

Lvl 1
βˆ™ 2y ago
Well Warren buffet a more wealthy and experienced investor says quote β€œgold has no utility” and is dependent on only the price that people will pay for it.
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Omar Bushiha

Lvl 1
βˆ™ 2y ago
but i dont think thats true because gold will evetually go down in marcket because it will be have less value because people will have it more

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Francis John

Lvl 4
βˆ™ 3y ago

Gold is definitely a good investment even though it fluctuates due to the demand and supply curves in the capital market. However, a high return on the investment is inevitable because GOLD IS KING SINCE 1940, IN INTERNATIONAL TRADE.

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Francis John

Lvl 1
βˆ™ 3y ago
Gold has an intrinsicΒ  value whereas money has faceΒ  value.
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katherinejuliussen

Lvl 1
βˆ™ 2y ago
actually not really mr john

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Marcos Junior

Lvl 2
βˆ™ 2y ago

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Direção 5m

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βˆ™ 2y ago
thank you very much for the indication, I accessed the link that you gave me and it really resolved, but I put the link without the spaces to access
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Benjamin Davis

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βˆ™ 2y ago
cool

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βˆ™ 2y ago
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Peter Bucsko

Lvl 2
βˆ™ 2y ago

I'm not an investor so my own opinion might not even matter but I think that with the growing acceptance of some cryptocurrencies, you can hedge your gold investments from crypto.

That way any losses you might experience can be mitigated by the investing power of crypto since you can buy more gold with crypto than dollars alone.

So your buying more gold to sell off when the price starts to drop and protect against big losses from the crypto that you spent for it.

Hope that helps, but I just think that could help protect against excess losses from the crypto side and you might even end up with more gold when the value goes back up as it inevitably will.

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βˆ™ 2y ago
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Lvl 2
βˆ™ 2y ago

real estate INVESTMENT IN TURKEY

Real estate investment in Turkey is steadily rising, which indicates a boom in the real estate market in Turkey. It allows for obtaining Turkish citizenship.

Real Estate Investment in Turkey Features a Strategic Location

It is the most important factor in Turkey's prosperity. The country forms a bridge between Europe and Asia, playing a major role in trade exchange between the two continents. The Turkish straits (the Bosphorus and the Dardanelles), moreover, are the only passage between the Black Sea and the Mediterranean. They control most of the commercial traffic between the countries of the Black Sea region and the world. This location doesn’t only encourage the people of these countries to take their share in the real estate investment in Turkey, but it also attracts investors from all around the world.

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Ahmad Grant

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βˆ™ 2y ago
great answer, thxx
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Jarrod Ruecker

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βˆ™ 2y ago
nice!

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John Smith

Lvl 3
βˆ™ 2y ago

Investing in Gold is a different ball game as compared to investing in stocks. Traditionally, investing in Gold is considered as a store of value, which can be liquidated easily at the time of emergency. Meanwhile, the investment in the precious metal shall appreciate during the holding period. Being a store of value, Gold investments are an ideal choice for conservative investors as it provides them not only with great returns but risk hedge capabilities and inflation protection.

Data Source: Kalkinemedia

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Curt Eichmann

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βˆ™ 2y ago
Where did you find your answer?

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GAMES !

Lvl 5
βˆ™ 2y ago

Gold has been viewed for thousands of years as a store of value and a hedge against inflation.

However, gold is not liquid--that means it takes time to trade and is affected by market volatility. Gold also suffers from volatility due to its small size in the global commodities markets, making investing with gold an exceptionally risky choice. Nonetheless, if you're looking at storing assets that don't incur taxes or fees while appreciating over time, then investing in gold may be right for you.

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