1. Gold has its own craze among Indian women as yellow metal has been adored by women since ages. Gold has over a period become a good investment option as now one can buy gold in form of pure gold bars and jewellery.
2. I utilised the jewellery of my wife to raise cash once when the day I was to undertake the registeration of my palatial house, suddenly Punjab Govt raised the Registeration charges from 7% to 10% and since I had registered the house for correct value the increase in the Registeration charges was enormous as I had used all my finance options while purchasing the house.
3. Thus on the spot we decided to sell a few pieces of jewellery and got the land registered.
4. Finally I made up for her gold by buying her choicest designs later on from tanishq as and when I was in a position to buy gold. Thus Gold jewellery paid its value by providing us the money at the time we required the money.
Is Gold Good Investment Decision?
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