Friday, May 11, 2012

Question: Investing in gold? | Gold Investment Trading Report

Q&A: Investing in gold?

I am looking to make an investment buy buying gold. It will be around ?2000 worth. Where is the best place to buy it and at what time? How much will i get for this value?

www.goldsenze.com Answer:

current spot price of gold is about 430 per troy ounce, so you do the math.

small buyers are usually steered to gold coins, which sell at about a 5% premium to the spot price.

***
now, are you sure you want to do this?

gold was trading at 250 USD the ounce about a decade ago and now is about 860 USD the ounce.

what makes you believe there?s much more upside left?

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