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Buying and selling of gold?

Heatman

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Over here in my country, I see a lot of people that are into buying and selling of gold. It can be either a gold necklace, ring, pendant and so much other forms of gold matter.

I keep wondering how they make profit from it? It's a line of business that I haven't seem to understand very well.

How do they go about making profit from such business?
 
After you have a firm grasp on the market and its movements, you can start purchasing gold at low prices and selling it at higher prices to profit. Keep in mind to maintain your costs in a moderate fashion , as charges and fees can rapidly cut through your profits.
 
After you have a firm grasp on the market and its movements, you can start purchasing gold at low prices and selling it at higher prices to profit. Keep in mind to maintain your costs in a moderate fashion , as charges and fees can rapidly cut through your profits.

It's something that will still take me a while to understand how the market works as I'm not sure if it's the same thing with the buying and selling of gold online like in trading or something. I don't really know how to put but I'm sure you will understand.
 
After you have a firm grasp on the market and its movements, you can start purchasing gold at low prices and selling it at higher prices to profit. Keep in mind to maintain your costs in a moderate fashion , as charges and fees can rapidly cut through your profits.

Understanding the market could be a really huge problem. This is why things are quite difficult for people who do not understand the market in the first place.
 
Buying gold is a wise investments to make. That's because gold usually appreciates. Some few years back, my mom had need for funds to use for her healthcare. She raised the money by selling her gold of many years at triple the amount she bought it.
 
Buying gold is a wise investments to make. That's because gold usually appreciates. Some few years back, my mom had need for funds to use for her healthcare. She raised the money by selling her gold of many years at triple the amount she bought it.

I think that gold investments are risky because the price of gold could drop at any time. If you are sure that the price of gold will definitely increase, only then you must invest in gold.
 
Over here in my country, I see a lot of people that are into buying and selling of gold. It can be either a gold necklace, ring, pendant and so much other forms of gold matter.

I keep wondering how they make profit from it? It's a line of business that I haven't seem to understand very well.

How do they go about making profit from such business?
The price of gold always increase even though it takes time for it to increase to a reasonable amount of money but you are surely going to make profit so some people buy the gold and keep it then sell after a few years
 
The price of gold always increase even though it takes time for it to increase to a reasonable amount of money but you are surely going to make profit so some people buy the gold and keep it then sell after a few years

There was a time in the past when the price of gold reached a new high record. However, when the prices hit a new record, the value started to tumble and I think this was due to the fact that people started to sell gold.
 
There was a time in the past when the price of gold reached a new high record. However, when the prices hit a new record, the value started to tumble and I think this was due to the fact that people started to sell gold.
I would love to know so much about investing in gold because I don't know anything about it and I think I would love to venture into that kind of business in the nearest future
 
I would love to know so much about investing in gold because I don't know anything about it and I think I would love to venture into that kind of business in the nearest future

I think that gold is one of the most interesting commodities because it is volatile and many people think that the value of gold will increase in the future as well.
 
I think that gold is one of the most interesting commodities because it is volatile and many people think that the value of gold will increase in the future as well.
It is volatile and these can reduce or increase at any time but if someone invests in it and keep it for years, the person will make profit. It depends on how well the person can wait
I think that gold is one of the most interesting commodities because it is volatile and many people think that the value of gold will increase in the future as well.
It is volatile and these can reduce or increase at any time but if someone invests in it and keep it for years, the person will make profit. It depends on how well the person can wait
 
Well the business of gold can be really lucrative some time and also a very risky business. it's a kind of business that the value is not always stable but rather fluctuating every day.
 
This business is mostly done by the Muslim demographics in my country. They are the ones that ascertain the worth of a piece of gold, buy it and resell it. I won't do the business because I don't understand a thing about how the gold business works.
 
Gold has comparatively a stable price., the price of gold does not fluctuate too often just like stocks and crypto, therefore,m gold is considered the safest investment. However, I do not think you can benefit through frequent buying and selling.
 
Gold has comparatively a stable price., the price of gold does not fluctuate too often just like stocks and crypto, therefore,m gold is considered the safest investment. However, I do not think you can benefit through frequent buying and selling.

This is actually very correct and it as a result of the stability of the gold commodity that is why I am even considering it because it is not something like cryptocurrency that might go so volatile that you will lose your investment overnight.
 
This really good, you can earn a considerable amount of money of you are into this kinds of business, but knowing the right time to buy and sell is very important.
 
Over here in my country, I see a lot of people that are into buying and selling of gold. It can be either a gold necklace, ring, pendant and so much other forms of gold matter.

I keep wondering how they make profit from it? It's a line of business that I haven't seem to understand very well.

How do they go about making profit from such business?
Buying and selling of gold is a good and lucrative business, and its a business my sister is doing because she doesn't know how to save money, but instead she will buy gold , keep it until she need money and resell the gold in a higher price .
 
I think buying and selling of Gold is a very lucrative business. Since most people like to adorn and beautify themselves. But you need to understand how the business works, I also do not understand how it works perfectly.
 
Gold is mainly for risk management, if you are making a loss on other investments, you can try investing in gold to minimize the risk. You do not lose substantial amount or profit a substantial amount.
 
Over here in my country, I see a lot of people that are into buying and selling of gold. It can be either a gold necklace, ring, pendant and so much other forms of gold matter.

I keep wondering how they make profit from it? It's a line of business that I haven't seem to understand very well.

How do they go about making profit from such business?
You can earn considerable amount of money if you know the right time to buy gold and the right time to sell gold,a lot of people don't know what they are doing that's why they are not earning money from it.
 

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