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Gold can be purchased on the global markets either
as gold certificates or gold exchange-traded funds. Purchasing gold
exchange-traded funds is very similar to buying stocks and shares on any stock
exchange and is a very easy way for an investor to have an investment in gold
without actually having the gold physically in your presence. Gold certificates
allow investors to buy and sell gold on a commodities market.
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USGoldBuyers.com, BlanchardOnline.com,
GoldOnline.com are sources you can consider to use for information on buying
and selling gold. As in any type of investment, you should explore the market
conditions fully as well as validate the sources before making any type of
investments.
Currently the Perth Mint Certificate
Program is the only government guaranteed gold certificate program in
the world. Buying gold as an investment in the open global markets is
purchased using the market spot trading price. |
Stability and historical appreciation of gold
Traditionally, the spot price of gold is given in
United States Dollars per ounce (US$ per oz.). Since January 1975, the spot
price per ounce of gold has appreciated from US$175 per ounce to US$685 per
ounce – making gold one of the most robust and continuously profitable
investments available in the markets. The spot price of gold traditionally does
best in times of uncertainty – such as economic crisis or war. Proving this
theory, the highest price gold has ever reached was during the oil crisis of the
mid 1970s, when the spot price per ounce exceeded $750 per ounce. Since 1975,
gold has never traded lower than US$100 per ounce.
Dubai Gold Markets
Dubai is considered a main hub for purchasing gold.
Following are some of the shops that sell gold - \
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Damas - City Centre (04 2953848)
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Gold and Diamond Park (04 3477788)
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Graff - Wafi City (04 3244221)
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Tiffany & Co. - City Centre (04 2953884)
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Abdulla Jewellery (03-7650904)
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Al Fardan Jewellery (03-7641150)
Online Resources
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