Basically a very close person my mine is from Iran and will be going back in a few weeks to visit family.
In Iran, 22 Karat Gold is everywhere and pretty cheap. You can't buy it in Bars however you can buy it in solid 22 Karat Jewelry.
Can anyone help explain how much 22 Karat Gold is worth and if it is worth having her buy a ton of Jewelry for me to sell for a profit?
I don't know what you mean by 22 karat being cheap there. I just came back from there last week and bought a 22 karat gold necklace for my sister and it wasn't cheap. The price of gold has gone up a lot since last summer I was there. Gold is gold, it doesn't matter where you are. Price is high everywhere. If your friend can find some cheap 22 karat gold, then great but make sure it is 100% gold
Last edited by persian_mafia; 09-07-2011 at 03:49 PM..
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You are gong into a gold bubble just like property all the experts said keep buying over 2 years,gold is not cheaper some where else they price it to gold prices on the day,greed will make yo lose your money will yo be handing cash to some one,he can keep it,lose itor get it stolen,or goverment can seize it
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