Business Tips

So far, gold was chosen as one antidote to inflation, because its value is relatively stable from year to year. Facts prove, in the event of high inflation, gold prices will rise higher than inflation. Statistics show, when inflation reached 10 percent, then gold will go up 30 percent. In fact, if inflation had risen to 100 percent, gold prices will rise up to 200 percent. This is why investing in gold is considered very beneficial. However, gold prices are going to tend to a constant when the inflation rate low. But gold is now available in a variety of investment options. Not only in physical form, but also by buying shares of gold mining companies and buying gold futures contract. Well, here are advantages and disadvantages of each type of gold investment.

1. Gold Jewelry
If your investment goals for the short term, it is usually difficult to profit from gold jewelry. Because, when you buy gold jewelry, you not only pay the price of gold, but also must pay the cost of manufacture. Normally when you sell gold back to the store, they are reluctant to pay the cost of manufacture. So they will only pay the price of gold alone. Therefore, investment in the form of gold jewelry will be more profitable if the long-term goal, over 10 years. Because the price of gold has increased many fold, so that the selling price is much higher. In addition, choose 24-karat gold jewelry, because the possibility of much greater advantage. (more…)