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Home > Categories > Finance and Insurance > Gold and Silver > View Advice  

Query from: suja, kodungallur, India, 08/13/09
Topic: GOLD AND SILVER      Submitted on:
Subject: Any gold savings scheme - Advise

Hello amma, Jewelleries offer two types of gold savings scheme. One scheme is whatever money we pay every month gets converted to gold and the other scheme is money we pay everymonth is saved as money and we can buy gold for the accumulated sum at the end of the scheme. Which scheme would be more beneficial for us? Thanks in advance

Rate = 2.5 (Rated by 3 Council Members)
[ This query closed ]
Response from: shiva sakthi,   
Featured Member on
Source: This information comes from my own knowledge.
Hai Suja,

The first scheme is the best. Your money gets converted to gold. You may buy gold at today's market rate.

Rate = 1 (Rated by 1 Council Member)

Thank this advisor   
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