does anyone have any experience on buying gold? I'm planning to buy a rm600-700 gold (preferably a bracelet or a ring) around 150 sterling pounds while it is cheap for the time being. What are the pros and cons of buying gold? What is the best type of gold that a person should buy in order to get maximum profit out of it? And what is this 'bullion gold' which I see being promoted frequently around the world? hmm seem kinda strange as it's created by the west cause I thought they have really high interest on paper money and not gold. Am I too young to buy these things?
gold.. yumm
gold gold gold!
Please Make Dua' For Samiun..
“Whoever records a biography of a believer, it is as though he has brought him or her back to life.” - Imam Al-Sakhawi
I actually avoid wearing gold or any kinds of jewelry, its part of my intention to live simple.
However buying Gold is intelligent way to invest your money, 8yrs ago- gold per gram was 8-10$, now it is 60$ without labor charge. The Holy Quran mentioned Gold and we know the value of gold will never soar down
So not bad esp for emergency situation, but dont forget to pay the Zakat
The HIGHEST accomplishment I can achieve in this worldly life is to be a TRUE MUSLIM. (me)
Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah, may Allah bless him and grant him peace, say:
"A time is certainly coming over mankind
in which there will be nothing [left] which will be of use save a dinar and a dirham."
(The Musnad of Imam Ahmad ibn Hanbal)
dinar - 22k solid gold coin - dirham - pure silver / 99.9% coin
if you want it as savings i'd go for 22k and 99.9
they're the future islamic currency.
since they started those bankrupting illegal wars and inflating the fake paper money like mad , the price of gold and silver have shot up and with the coming global turmoil - you probably know how it will rise,
I did a search and found that my country has already started selling dirhams last year. I can't believe I'm missing out on this golden opportunity. Check it out!!! GOLD
Thanks for the tips guys
Please Make Dua' For Samiun..
“Whoever records a biography of a believer, it is as though he has brought him or her back to life.” - Imam Al-Sakhawi
I did a search and found that my country has already started selling dirhams last year. I can't believe I'm missing out on this golden opportunity. Check it out!!! GOLD
You can never be too young to buy gold as long as you have money. In the long term, gold NEVER depreciate in value. And if possible, do not buy jewelleries, because the price include workmanships and hence may lose value when you sell it, but instead buy certified gold coins, bullions or bars.
and if you have a decent bit of cash, buy a testing kit, try buying scrap gold and silver, waaaaaayyyyyyyyyy below spot price, buy a £100 mini furnace on ebay, and melt it into bullion as you go along
Hey there! Looks like you're enjoying the discussion, but you're not signed up for an account.
When you create an account, we remember exactly what you've read, so you always come right back where you left off. You also get notifications, here and via email, whenever new posts are made. And you can like posts and share your thoughts. Sign Up
,
Hide
Looks like you're enjoying the discussion, but you're not signed up for an account.
Posting Permissions
Bookmarks