Selling gold is one of the most basic practices that we humans indulge in to get instant money. We have been doing it for thousands of years now and it seems that we will keep on doing it for a long time. The recent upheavals in the sector of Investments have increased our faith in gold even more. As the Indian economy collapsed, we witnessed a fall in the prices of many Investments. People who had invested heavily in real estate, share market, or even Cryptocurrencies, witnessed a huge fall in their returns. But at the same time, we saw that the prices of your jewelry actually increased. This is due to various factors and several international forces were at play. But the fact remains that when all other Investments were going down, your jewelry was going up.
This is why people trust gold so much. As they know that whatever is the case, they will get a handsome price for it. But the problem is that there are some risks involved in this whole transaction. Let us see what are these risks and how you can cope with them.
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