WOW, What a night in the old gold souk. I checked out the two shops Anjali and lakhoo but found better deals at V.Mamilya and Wajdai. Using the advice from other members, I dicided to buy pamp and do a couple of trips in over the next month. Last night I spend just under $3000 AUD and got this little girls. 6 x 5gm 1 x 20gm 1 x 10gm 1 x 2.5gm =62.5gm for $2920 AUD
1. No you should spread your purchases out over time, for instance buy ~$2000 of gold each purchase 2. I think the price may fall further so I am waiting a couple more weeks 3. Im buying 1 oz bars because of the low premium 4. Not too familiar with which is better but Im buying from the Perth mint just normal 1 oz bars 5. I doubt it but I dont know much about that 6. I think its a good idea to always keep some money in the bank for liquidity purposes, I like to leave atleast $5,000 Its all personal opinion but hope thats helpful in some way to you
Smart move sticking to big brands. A few 100g and 250g cast PAMP bars should be a good way to spend your deployment allowances and be easy enough to conceal.
Lunty,What a deal.!..comes around $46/gm.Gold on the rise and you've done the right thing.All the best,Lucy
As I assume you got receipts for your purchases, could you post the telephone numbers of the two shops which had the better deals.
From my experience i found in Dubai you can purchase jewellery 10 - 20% above spot price depending on the design and bargaining skills you have. I have also tested the 22ct jewellery in my friends Xray machine and actually found it to be .916 unlike buying gold in Asia. I would high recommend buying jewellery from Dubai. As far as bullion is concerned, why bother? You can get great deals online.
