Sunday, June 08, 2008

Buy Gold Now

In the Philippines, this is one of the best times to buy gold, say, for your wedding rings. Also the best time to buy other jewelry pieces as prices tend to dip since people are saving/spending on enrolment fees for their kids instead. More people are likely to sell/pawn their pieces during this time.

Gold prices start going down around March-April until September, then it gets back up around October again as people start getting their Christmas bonuses, thirteenth month pays and other incentives. Plus, jewelries are common gifts around the Holidays till February, for Valentines.

If you're living abroad, ask your local jewellers if the trend is the same. So if you're about to wed, you'd know when to buy your rings and other gold accessories.

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