2006-08-23 04:05:22 · 6 answers · asked by jbz 1 in Business & Finance ➔ Other - Business & Finance
The price of Gold is not the same as you bought it. It is always the market price. Suppose when you bought 10 grams of Gold the market price was $ 1000. Then you go and sell it after 1 year, you might get $ 1500 for it if the Market price of Gold had gone up. Suppose you sell it at time where the demand for gold in the world market is very low then you'd probably ending loosing and sell it in $ 500.
However suppose you sell it at a jewler or an exchange then they might take some service charges for buying your gold.
Please note all prices are imaginary just to explain.
You can check the current Gold price at http://goldprice.org/
2006-08-23 04:52:17 · answer #1 · answered by Mmmmm 2 · 0⤊ 0⤋
if its in coin or art it could be above gold base price but gold is gold
2006-08-23 11:27:40 · answer #2 · answered by HEY boo boo 6 · 0⤊ 0⤋
Gold is gold. it has no deppreciation value in it's natural form i would think.
2006-08-23 11:08:28 · answer #3 · answered by Anonymous · 0⤊ 1⤋
If it is pure gold, http://goldprice.org/
2006-08-23 11:11:43 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Half the first hand :)
2006-08-23 11:13:05 · answer #5 · answered by Panzerleader 1 · 0⤊ 0⤋
It's not alot!
2006-08-23 11:20:02 · answer #6 · answered by surelycoolgirl 5 · 0⤊ 0⤋