dear friends,
with due apologise,i want to know how to purchase pure gold(ten tola or 100 grams)at proper market rates from islamabad,rawalpindi or lahore,because it is noticed that price of gold quoted in newspapers and media channels is low than the prevailing price in gold (sarafa)market.i will be thankful if some learned brother can throw light,may it benefits many like me.thanks
Salman replied on Monday, October 3, 2011 03:22 PM
I bought from Nafees Jewellers liberty near khussa mahal.they are honest people as far as i know.you just have to tell them 2 hours before you want to buy. |
Isloo replied on Monday, October 3, 2011 04:14 PM
Gold in Market is normally sold at 2% to 6% extra price, that is the cobined effect of dealer profit and currency fluctuation.
The bigger the size of bar, the smaller the margin.
For example, gold worth USD1000 will be given to you on :
1000 * 1.03 * USDRate.
Similarly, when you sell back, its normally done at the same spot price or 2% lower in case of some jewellers. |
replied on Monday, October 3, 2011 07:29 PM
if u purchase in pakistan then u must take 24 qarat biscut. otherwise u buy 21 qarat in any design in saudi arabia, if u buy 21 qarat in pakistan, this will be count 18 qarat or less 18 qarat in saudi arabia, today price is 1658 per ounce, |
inaam replied on Tuesday, October 4, 2011 05:39 AM
malik sb always remember one thing whenever u buy gold it shud hav well reputed mark, commonly use swiss and milat (ARY) bars and biscuits. U can buy it from ARY jewlers because they are whole seller and hav ready to deliver anytime, any jeweler will charge his margin in the name of making cost. 100 gram and 10 tola bar margin is between 2500 to 3000, 1 tola and 10 gram makinf cost is between 600 to 800. |
