tips on buying gold

From investment point of view, one should invest in bars, coins and not jewellery. You may not get a good price for jewellery because of making and processing charges involved in it.

If you sell gold after keeping it for less than three years of buying it, you have to pay 30% capital gain tax. Tax will be 20% if you sell after three years.

In an interview to CNBC TV 18, Certified Financial Planner Kartik Jhaveri and CNBC Awaaz Commodity Editor Manisha Gupta offer you important things to keep in mind while investing in gold.

Manisha: Some fall in the gold prices is expected in the medium-term. Gold prices have seen a jump of 34% in the last one to one and half years.

Last year, in international markets the average was of $444, while this year we have seen a high of $630. Anytime is good for buying. In near term, the gold has not crossed the $600-mark. If the gold prices touch a low of $595 or $582 in near term, you should definitely buy gold.

If you take a larger view of six months, the gold can fall down to $540 or touch the $640 mark on the upper side.

Should one invest in gold or bars, coins?

Kartik Jhaveri: From investment point of view, one should invest in bars, coins and not jewellery. You may not get a good price for jewellery because of making and processing charges involved in it.

Is there any alternative to investment in gold that also involves trading?

Golden tips on buying gold

From investment point of view, one should invest in bars, coins and not jewellery. You may not get a good price for jewellery because of making and processing charges involved in it.

If you sell gold after keeping it for less than three years of buying it, you have to pay 30% capital gain tax. Tax will be 20% if you sell after three years.

In an interview to CNBC TV 18, Certified Financial Planner Kartik Jhaveri and CNBC Awaaz Commodity Editor Manisha Gupta offer you important things to keep in mind while investing in gold.

Manisha: Some fall in the gold prices is expected in the medium-term. Gold prices have seen a jump of 34% in the last one to one and half years.

Last year, in international markets the average was of $444, while this year we have seen a high of $630. Anytime is good for buying. In near term, the gold has not crossed the $600-mark. If the gold prices touch a low of $595 or $582 in near term, you should definitely buy gold.

If you take a larger view of six months, the gold can fall down to $540 or touch the $640 mark on the upper side.

Should one invest in gold or bars, coins?

Kartik Jhaveri: From investment point of view, one should invest in bars, coins and not jewellery. You may not get a good price for jewellery because of making and processing charges involved in it.

Is there any alternative to investment in gold that also involves trading?

kirtilals,diamonds

A gemstone or gem (also called a precious or semi-precious stone, a fine gem, or jewel) is a piece of mineral, which, in cut and polished form, is used to make jewelry or other adornments.[1][2] However certain rocks, (such as lapis lazuli) and organic materials (such as amber or jet) are not minerals, but are still used for jewelry, and are therefore often considered to be gemstones as well. Most gemstones are hard, but some soft minerals are used in jewelry because of their lustre or other physical properties that have aesthetic value. Rarity is another characteristic that lends value to a gemstone. Apart from jewelry, from earliest antiquity until the 19th century engraved gems and hardstone carvings such as cups were major luxury art forms; the carvings of Carl Fabergé were the last significant works in this tradition.