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Good time to buy gold?


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12 minutes ago, bean182 said:

If there is ever a bad time to buy gold, this is not it for sure.

As it's 14.32 in dubai, that's quite a good time. 02.32 migh not have been quite as good.

@Souldancee might get a better deal from a well-known dealer in Blackpool, UK, than in Dubai, although I don't know about the shipping cost.

😎

Chards

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‘Using’ TSF for financial advice on a very first post is a bit blunt IMO!  I've been to Dubai several times, and bought gold there. In Dubai all you have to do is visit the gold Souk and get all the free advice you want!🙂

Edited by Britannia47
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4 hours ago, LawrenceChard said:

As it's 14.32 in dubai, that's quite a good time. 02.32 migh not have been quite as good.

@Souldancee might get a better deal from a well-known dealer in Blackpool, UK, than in Dubai, although I don't know about the shipping cost.

😎

Is's 5 o'clock somewhere.

Buy that gold, drink that G&T.

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4 hours ago, Orpster said:

Buying large quantities at once is an impossible call, gold goes up, gold goes down.  

Buying regular amounts to maintain a cost average, every day is a good day to buy gold :) 

Its low compared to recent months today, but who knows what will happen tomorrow.  I have been buying long enough to remember being nervous when sovereigns reached £100

These days I buy what I like on impulse, and a bit of bullion every month depending on what free cash I have

If your just starting out, small and often, maintain a cost average and remember gold is for the long term.  I find it helps to be in the mindset buying gold is not spending money, just converting it to different money.

 

This. This as the cornerstone of any investing strategy.

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5 hours ago, Orpster said:

Buying large quantities at once is an impossible call, gold goes up, gold goes down.  

Buying regular amounts to maintain a cost average, every day is a good day to buy gold :) 

Its low compared to recent months today, but who knows what will happen tomorrow.  I have been buying long enough to remember being nervous when sovereigns reached £100

These days I buy what I like on impulse, and a bit of bullion every month depending on what free cash I have

If your just starting out, small and often, maintain a cost average and remember gold is for the long term.  I find it helps to be in the mindset buying gold is not spending money, just converting it to different money.

 

^^^ 101% this ! 

Just now, SidS said:

Don't buy silver though, silver's rubbish. 🤫

^^^ 102% this ! :) 

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