Should you invest in Gold buying schemes by Jewelers?

Investing in Gold Buying Schemes may or may not be profitable to the investors which depends on many factors.

Important Questions To Ask yourself before going for Gold Buying Schemes :




1. How much Gold rate goes Up & Down of Gold Rates within the period of your Gold Scheme?
Ans:
Gold rate can go Up and Down  and it directly affects your Gold Scheme Benefit. A gold scheme like Kalyan Jewelers gold scheme initiated by TS kalyanaraman can benefit you only if the price of Gold rises. If Gold rate falls in the tenure of your Gold Scheme then these schemes will not benefit you.

2. How much making charges and other charges are applied?
Ans:
The Gold Jewelry  you get after 12 months of the scheme will carry the Making charges, Polishing Charges, and other minor charges. So if these charges are high than you will earn a loss rather than profit on your investment.

3. Can you take Cash Back?
Ans:
It is also important to know if their is any cashback offer you are getting or not. Such cashback offers help you in saving more money and will bring profit on Investment.



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