Correct me if Iam Wrong

Pratap1970
By Pratap1970

Hi Friends, I went for buying Gold as the price hit rock bottom, shocking that even the price is lower the Jewelers are charging exorbitant price towards making charges to square it to the previous gold rate,more shocking is that there is no control over this making charges.They charge it as they like. Please correct me if I'am wrong.

By GodFather.• 17 Apr 2013 09:56
GodFather.

Now if I buy Gold you guys think is it a good Investment?

By happygolucky• 17 Apr 2013 09:53
Rating: 2/5
happygolucky

It wont go below Qr 110/- per gram...And I was expecting it to touch QR 68/- per gram by September 13...:(

By gypsy gal• 17 Apr 2013 09:48
Rating: 5/5
gypsy gal

tinker... QR.110 is a lot cheaper that QR. 189. Its still good too buy coins or bars now. But most jwellers wont sell coins/bars when the price is down. They will say that its out of stock.

By gypsy gal• 17 Apr 2013 09:37
Rating: 5/5
gypsy gal

The making charge depends on the design....for antique designs they always charge more than the normal design. For the cheapest making charge you should go for Dubai made..

I lost 1800 riyals for something I bought 3 weeks ago..:( same piece cost 1800 riyals lesser today..:(

By britexpat• 17 Apr 2013 09:29
Rating: 2/5
britexpat

Are you looking to buy gold ingot or gold jewelry ?

If it is an ingot, then go to a money exchange.

By happygolucky• 17 Apr 2013 09:26
happygolucky

But if the jeweller buys something today and after a week the prices shoot up...he would sell the same gold bought cheap at the then higher price, isnt it?

By drsam• 17 Apr 2013 09:23
drsam

gold price in newyork/london went down yesterday. but the jeweler bought his gold a week or a month ago! he's not gona loose just to please you, will he?

wait for a week at least.

By Pratap1970• 17 Apr 2013 07:19
Rating: 4/5
Pratap1970

@Happygolucky: yes they are charging almost 30QR/gram 22karat towards making charges.

@TheSurprised: Well for the people trading in Bullion market it did, but for poor person like me it is still much above the Mount.Everest.

By happygolucky• 17 Apr 2013 06:52
happygolucky

Are they charging more on account of making charges now then a few days back?

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.