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Gold price outlook: Is precious metal still a good investment bet post import duty cut? Here’s why you shouldn’t dismiss it!
Credit: IndiaTimes- Published on August 12, 2024
The recent reduction of gold import duty from 15% to 6% resulted in an 8% drop in domestic gold prices, affecting gold ETFs and sovereign gold bonds. Government aims to curb smuggling and boost gem and jewellery exports. Experts suggest that long-term gold investments can still recover losses from this policy change.
Video credit: Rumble
Published on August 9, 2024 -
This Massive Gold & Silver Scam is WORSE Than Reported
In this video I talk about a massive gold scam that has been committed by Oxford Gold Group and how it is actually worse than reported. Oxford Gold Group is a firm located out of southern California which was convincing seniors to invest in gold and silver coins and then they were supposedly putting these coins into a vault for the investors. The gold and silver coins were no where to be found and the investors were left with nothing. I talk about this gold scam and how even if the company was legit these people would still be getting scammed. The prices that this gold firm was charging where so incredibly high that you could buy the gold coins for much cheaper today even after gold price has gone up $400. These gold and silver scams prey on seniors and try to get their retirements that these people have worked their whole lives for. If you want to invest in precious metals the safest way to do so is by buying the physical metals yourself.
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