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Sign up with Google Sign up with FacebookQ: Buying gold in china is wise decision?
Buying gold has always remained one of best ways to save money for long term. Because gold prices always rise.
Buying gold in china is same beneficial as in the rest world? or keeping RMB is more beneficial?
12 years 26 weeks ago in Money & Banking - China
actually in china there is a greater chance of being ripped off so not a good idea
i found gold braclets etc,,( and i know they are 18ct or more), to be really expensive
Any luxury item in China is more expensive here than anywhere else and a lot of gold is "filled" in the center so the weight isn't true, so I would avoid buying gold in China, HK would be ok though...
it is not good idea, today , too money in china looking for invest items and the gold price is real high.
Do u just have a lot of money and don't know what to do with it?
Rich man, be aware of all the Chinese gold diggers out there...
Gold won't be any cheaper here at all as it is listed on the World market prices. If you want to buy gold, use your Bank or a Stock Broker. Personally Gold is (in my mind) not really a good investment at the moment, as it is too expensive. It actually just dropped in price.
Have a Beer instead!
As Alex said there is a world price for gold so as long as you are aware of what the current rate is and are happy that it is real then it does not matter where you buy it. Has dropped a bit in the last few days, but has seen the next best return investment after the crazy bubble of Chinese real estate in the last 5 years. Gold is always a populatr investment because it can be hidden in a safety deposit box and is not as visible to authorities as other investments.