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Gold Jewellery

Poor returns


THE CORROSION resistant metal is a symbol of wealth and status. It also holds traditional value. Although considered money-on-hand, gold ornaments, bar or coins nevertheless fetch much lesser returns. When we buy gold, we are liable to pay for the jewel plus 12 to 20 per cent of the total value towards the mysterious and compulsory wastage factor which automatically increases the price. But when we sell, the abstruse wastage cost paid is not taken into consideration, instead another wastage factor to slash the value and weight of gold is tactfully imposed. The purchase of gold may be an investment, but gets poor returns.

N. Donald
Velachery

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