Gold is something that will never ever lose its value and have been going higher and higher in its value since I was a kid. 

My mom use to buy gold jewelleries and keep to give us her daughters in future when we get married, but I never knew the value of gold at that age. It was only $30 per pavan which is defined as 7.98805 grams. (Explanation: The pound sovereign (1 pavan) is a unit of mass used in India's gold industry. It is equal to 7.98805 grams.)

It was only $30.00 per pavan (8 gms 916 gold) 60 yrs ago. Today it is $145 per gram and per pavan is $1164/-. 

So no matter you use gold to adorn yourself or keep as an investment, it is always going higher and higher in value. 

I love to buy gold jewelleries for investment.

# Gold & Silver Hover at Highs: Wait for Continued Break?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • Annejaz
    ·03-17
    Thank you Tiger
    Reply
    Report