Making charges
Market basicsThe fabrication cost added when buying gold jewellery.
In plain terms
Between 8% and 25%, and it never comes back on resale. This is why jewellery is not an investment.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
The fabrication cost added when buying gold jewellery.
Between 8% and 25%, and it never comes back on resale. This is why jewellery is not an investment.
An exchange-traded fund backed by physical gold.
Gold exposure without making charges, storage or purity risk. The practical default for most people.