We have no debate that gold is precious metal. It is the best investment today, tomorrow and past day. People use it as Jewel and saving. When they need money they sell it.
Recently I have heard, the most gold shop in my hometown charges higher cost to jewel sell. Certainly, the jewel oner cannot complain the charge cost. The shops charge the made cost of the jewel higher than usually. So to sell the gold is not good today. On the other hand, the gold price also increase.
In my opinion it is not fair but we cannot protest to the shops. If you want to sell the jewel you may go to other shops. Unfortunately, other shops also charge higher cost. In my opinion, there are a cartel to set the higher cost price. I believe the seller what to stabilize the gold price. They will be loss when most people sell their jewel. I believe it is not good for shop. The seller will sell to people while I doubt it too.
Everyone needs the stable gold price du its as safe heaven. It is nit good when the gold prices decline and the people will not believe to the gold price. We cannot avoid the people need money. The shops supposedly be wise to this they do not have to charge higher cost as long the
For the man who have so much money, they will not sell the jewel today. They may hold for some time.
I believe that nothing last forever. Gold may make you loss too. When people sell the gold you cannot use it to but a slice of toast to or a bowl a rice.
