Buying gold/silver bars
Hi all, I have got a small saving that I have been thinking of investing in gold or silver. I want to know a place where can I buy gold and silver bars or coins in Doha? Someone told me Al Fardan Centre buys and sells gold? Is it the one in West Bay close to Sheraton Roundabout or somewhere else? Does anyone have any good/bad experience in investing in gold or silver here in Qatar? If yes, can you please enlighten us with your experience.
Also, I need to know the whole procedure of buying it. Is it simply go and buy and pay, or you need some documentation to go along? Also, at the time of leaving Qatar, if I wish to sell my gold/silver bars or coins, will Al Fardan Exchange or somewhere else will give me market rate to buy back? Is there any fees or tax involved that I should keep in mind?
Regards
TORONTO, July 11, 2018 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce production results and certain financial information from the three and six months ended June 30, 2018 ("Q2 2018"). All dollar amounts are in Canadian Dollars. The Company expects to file its second quarter financial statements and management discussion and analysis by August 2, 2018.
In 2017, the Company changed its fiscal year-end to December 31, from its previous fiscal year end of May 31. Consequently, Anaconda has now reverted to a customary quarterly reporting calendar based on a December 31 financial year-end, with fiscal quarters ending on the last day in March, June, September, and December each year. For comparative purposes, the results for the three and six months ended June 30, 2018, have been compared to the three and six months ended May 31, 2017.
https://www.anacondamining.com/2018-07-11-Anaconda-Mining-Sells-4-330-Ounces-of-Gold-in-Q2-2018-Achieves-Record-Quarterly-Throughput
24 April 2013 100 grams not in stock
11-FEB-2013 today I enquired at Alfardan (Grand Hamad, Bank street)
Minimum denomination available is 5 Grams.
2 Grams not in stock.
Read some good articles posted about Gold as an Investment on http://konkantribune.blogspot.com/search/label/Gold
If you buy gold you are hoping that the value will keep rising in order to gain a return, it pays nothing in interest and it is possible that it will fall in value in the future, like the housing market in Dubai eventually these bubbles burst.
Gold has been rising fantastically for the last 5 years,entirely fuelled by speculation, the big question is; will it go on?
Only invest what you are not afraid (or can afford to lose)
Al Fardan would be the most reliable place to go for.
Al Fardan Exchange near the Bank street in B ring road (i think ? )
You can just go and buy GOLD or Silver Bars from the Gold shops back of Al Fardan Exchange, no docs required - i belive.
While selling the gold/silver you will get the market rate. (Make sure you keep the bills/receipts of the gold/silver you buy with you)