Posted on: 09-08-12 16:59:50
Quote:
Originally posted by ashedfc
does anyone here knows the current rules for taking Gold into India, how much is allowed , & what are the charges (if any), etc, etc..
BTW,
Bordergold.com is another good place for online orders.. http://www.bordergold.com/product_rates.php
Fist majestic Silver is a silver miner, selling directly from their website for silver purchase.. http://www.store.firstmajestic.com/
Silver is a good buy, its not going to stay at current prices for long, once the inflation (which is already happening in food items) kicks in, silver will start its upwards march.. its a perfect time to add couple of ounces silver in your portfolio as diversification away from toxic bonds/junk bonds..
i have bought gold for $1740 / oz. you have any idea when i will be on + side?
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એક જ ટીપામાં હો જાણે સાત સમંદર,
એવા ઝંઝાવાત હજુ હૈયાની અંદર
What makes more sense to buy at prsent Silver @ 28 or Gold @ 1700 + for the long run?
Duplicate Post
Quote:
Originally posted by jigz787
Quote:
Originally posted by TomJoad
its always best to buy from Scotia bank or Kitco, maybe you are paying little bit more at first, but you get a certificate with everything you buy and if you ever wish to sell, they will buy it from you as long as you have the certificate.
Thanks for your efforts on creating an brand new ID to provide your opinion, however, I think this way.
Royal Canadian Mint gold bars comes 0.9999 fine, they have serial number engraved on it and their name/stamp etc etc. so I think it does not matter as long as you buy from a reputed business. Toronto Gold Bullion is a genuine business. Sometimes Kitco has special offers/promotions. I callled Toronto Gold Bullion and they said they will price match.
But will TGB buy them back as well and if yes at the prevaling price or lesser than that ?
The same q for Kitco or Scotia - will they buy back their gold readily and if yes at the prevailing price or lesser ? .... It is equally important to know how you can sell the gold in case of need ...
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Fido.
OK I got my answer about buying back Gold from Kitco - they would buy back the gold at spot price provided you are able to ship it to them and that it is from a recognized refiner ....... in other words it is well liquid ....
Toronto Gold Bullion's prices are more than Kitco's as he sells mint bars in proper packaging . He s said that he can price match Kitco but that would be for recycled bars which Kitco also sends ... not for the minted ones ...
Kitco's operations appear to be transparent , clean and good though there s a shipping plus insurance charge.
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Fido.
Q - A friend is traveling to Canada from Europe with a mint gold bar ( 100g) ... Would he be charged duty at customs ? I have heard that Gold bullion is duty free but just what precautions woould be advisable and what should he say at the Airport ? ...... He is a returning PR .
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Fido.
Quote:
Originally posted by Fido
Q - A friend is traveling to Canada from Europe with a mint gold bar ( 100g) ... Would he be charged duty at customs ? I have heard that Gold bullion is duty free but just what precautions would be advisable and what should he say at the Airport ? ...... He is a returning PR .
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Canada. :
•
Canada does not restrict the import of gold bullion, but you must declare your bullion at the border if you have the equivalent of $10,000 Canadian, according to Canada Border Services Agency.
FH
TARRIF and SECTION.
71.08 -- 7108.12.00
Weight to be stated in grams.
PURITY 99.5 OR BETTER ( otherwise they will consider it as crude Gold)
Tarrif and taxes differ for Crude Gold.
Country of origin. (Where the gold was minted.)
Caveat. : It should not bear a stamp or marking of a country that has trade
embargo. Such as IRAN and SYRIA.
Printed receipt. (Legible with sellers details)
Value on the date of purchase. As noted on the receipt.
Current value. approx. See Below.
DECLATION OF THE TOTAL VALUE : A MUST.
DECLARATION OF ALL OF THE IMPORTS, SUCH AS ALCOHOL,TOBACCO, CASH AND OTHER PURCHASES AND THE TOTAL VALUE OF ALL THE GOODS ON HIS PERSON AND GOODS TO FOLLOW, OF ALL OF THE FAMILY, MUST BE DECLARED ON FLIGHT DECLARATION FORM.
YOUR FRIEND IS A GREAT CANDIDATE FOR SECONDARY INSPECTION and CLEARANCE.
DUTY IS NIL.
Gold Price: $1718.90 / troy ounce.
Total Value $171,890 Approx.
FH
