Sell damaged gold chain and buy bike, is it good option?

POSTED BY xtremeinfo ON May 12, 2014 2:20 am COMMENTS (7)

Hi

I am planning t buy a bike,for that I am thinking about selling my gold chain which is damaged (I cannot wear it,have to sell and buy new ,making charges equal 12000)and buy bike, do u think its a good option?

Or should i keep my gold with me as gold prices increase?

I thought anyway that chain is 70000, so if if fixed deposit i will get interest which will be equal to rise in gold rate..

Is this a bad option?

7 replies on this article “Sell damaged gold chain and buy bike, is it good option?”

  1. Ajay says:

    Need v/s Want

  2. ashalanshu says:

    Dear Xtremeinfo, if bike is so essential, why does it matter to you that gold should be 30K or 35K per 10 gm price?

    Nike………….. Just do it.

    Thanks

    Ashal

  3. xtremeinfo says:

    Hmm
    Now i did not understand your question.
    Why will any one buy a bike for? to travel
    I am buying bike to go to my office
    Auto charges are 100 per day so i want to buy bike

    Now please dont say dont buy bike

    I just want to know if its a good option to buy bike by selling my gold chain
    or buy bike by taking a bike loan..

    Please help

  4. ashalanshu says:

    Dear Xtremeinfo, why do you want to purchase the bike?

    Thanks

    Ashal

  5. xtremeinfo says:

    Sorry for that
    Here it is
    Sell gold worth 70000 and buy bike?
    or take bike loan and keep my gold

    1. xtremeinfo says:

      Also is it good time to sell gold? Any idea if gold price increase or decreases in one or 2 weeks ? Even if it increase in small amount also that would be helpfull , so i can wait one or 2 weeks if the gold prices increase then i can sell 😀

  6. ashalanshu says:

    Dear Xtremeinfo, I’m unable to understand the query. Can you please explain what do you want to do or know?

    Thanks

    Ashal

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