Where to buy gold?


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raajen   
Member since: Sep 03
Posts: 434
Location: Canada

Post ID: #PID Posted on: 14-08-08 18:14:33

Hi,

Does the scotia bank sell gold in all the branches?

Thanks.



love_n_peace   
Member since: Jan 08
Posts: 269
Location:

Post ID: #PID Posted on: 14-08-08 19:23:25

I went to LAwrence+Weston branck for the gold, they stright away refused to sell me. They Said I have to go only 44 king street west during 9 to 5 with 2 pc photo ID and Cheque for gold.

I did not like this.


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HelloG   
Member since: Jan 08
Posts: 338
Location: vasudhev kutumbkam

Post ID: #PID Posted on: 15-08-08 10:25:55

Quote:
Originally posted by love_n_peace

I went to LAwrence+Weston branck for the gold, they stright away refused to sell me. They Said I have to go only 44 king street west during 9 to 5 with 2 pc photo ID and Cheque for gold.

I did not like this.



They do not carry Gold but order it for you and the process may take 3-4 business days.Thats what they told me when i enquired with my nearest branch and they take cash/cheque/VISA.
What I want to know is what is the best form of buying from Bank?
*Certificate
*Bullion
*Bank gold bars



ftfl   
Member since: Jul 06
Posts: 2335
Location:

Post ID: #PID Posted on: 15-08-08 11:09:09


Wafers and Biscuits are made at the mint. There should not be any charge for doing this, as there is a stamp on the wafer as to its purity and weight with the makers name stamped with it. See a jeweler for your requirements. Bars, wafers, and biscuits: NO TAX. Coins are taxed.

Today the cash market for GOLD hit a low of $774.00 at 04:00 EST. It was down that much. The current spot market is at 780.00 see the web site in Link.

Keep this web site handy for future.

http://www.monex.com/expert/how-much-gold-is-enough.html

Freddie.



HelloG   
Member since: Jan 08
Posts: 338
Location: vasudhev kutumbkam

Post ID: #PID Posted on: 15-08-08 15:46:15

Its at $785 USD now.
Market watchers can tell us what should be expected next week.



jake_ryan   
Member since: Mar 07
Posts: 7
Location: Montreal

Post ID: #PID Posted on: 15-08-08 16:43:48

I just bought one 1oz wafer/bar from scotia. I paid 810 USD including the commission/transport cost (which is 7 USD).



AshwaniG   
Member since: Jul 04
Posts: 1484
Location: Convinient

Post ID: #PID Posted on: 15-08-08 17:09:35

To buy a 10 gm of gold biscuit as of today from scotia will cost
275$+5 $ ( commission ) + shipping if not picked from Downtown .
If U sell it back to Scotia one will get 241 $ after deducting all fees e.t.c .
So it seems that Gold might be a good investment only for long terms .
Experts please shed more light ..


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