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<p>[QUOTE=&quot;vest007, post: 1995205, member: 72258&quot;]No one is saying that you should stay out of jewelry. For long term investment, even jewelry is a very good option, as long as you are buying it from a reliable source / dealer. But for short term it is not very clever to invest in jewelry.</p><p><br /></p><p>For example, take the case of someone who bought both bullion coins and jewelry in 1995. Lets say he bought 1 Oz each. Bullion coins were selling for $380 per Oz, but jewelry usually will have a markup of at least 5%. So he had 1 Oz of jewelry @ $400 and 1 Oz bullion coin @ $380.</p><p><br /></p><p>He wants to sell them in 1996. The price is now $387 per Oz. For bullion coins, the markup is usually 0.5 to 1%, so he sold it for $385, for a profit of $5.</p><p><br /></p><p>But for jewelry, you won&#039;t get the market rates while selling. So again he sold it for $370, to incur a loss of $30.</p><p><br /></p><p>Now lets imagine this guy held on to his gold till 2011. If he sells now, he will get $1,620 for the bullion coin and $1,600 for the jewelry.</p><p><br /></p><p>Now the profit is $1,240 for bullion coin and $1,200 for jewelry. So there is hardly any difference. So, if you can hold on for some 15-20 years, there is no harm in buying gold jewelry.[/QUOTE]</p><p><br /></p>

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