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LIQUIDITY
by alert on Jun 24, 2008 02:31 PM   Permalink | Hide replies

fixed deposits of banks hAve better liquidity than gold. Who will buy your gold without a steep discount...

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  RE:LIQUIDITY
by Anup Saxena on Jun 28, 2008 03:30 PM   Permalink
Quite true for physical Gold. Even lot of jewelers refuse to buy old Gold ornaments altogether (even those they themselves sold sometime back coz the crooks know it was of lower karatage than they claimed while selling!).

The exception is Gold ETFs. Try those. They have fairly good liquidity. They are backed by physical Gold (their value varies with Gold market price) and are traded like stocks.



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7 investment risks & how to tackle them