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VENT Gold buying prices rip off

I am shocked that Tesco are offering such low rates when buying gold. the real value of the gold was 32% more than they where offering. Where as some other less well known sites where offering about 90% of the real value. I am saddened that Tesco are exploiting their market position

Comments

  • Baked beans cost more in Tesco than in Asda too.....................
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    Don't forget that Tesco may be less likely to overpromise and then lowball you once they've got your gold in their hands, charging £8.90 to return it to you.
  • Yes it saddens me too, I will have to go and get a fast food meal now
    Owing on CC £00.00 :j

    It's like shooting nerds in a barrel
  • rosesnook wrote: »
    I am shocked that Tesco are offering such low rates when buying gold. the real value of the gold was 32% more than they where offering. Where as some other less well known sites where offering about 90% of the real value. I am saddened that Tesco are exploiting their market position

    If they were to buy gold at it's actual value how is this branch of the business suppose to make money then?
  • Slowhand
    Slowhand Posts: 1,073 Forumite
    rosesnook wrote: »
    I am shocked that Tesco are offering such low rates when buying gold. the real value of the gold was 32% more than they where offering. Where as some other less well known sites where offering about 90% of the real value. I am saddened that Tesco are exploiting their market position

    Were you in a Subway recently trying to blag some free meatballs for your fussy sprog?
  • PILES
    PILES Posts: 142 Forumite
    rosesnook wrote: »
    I am shocked that Tesco are offering such low rates when buying gold. the real value of the gold was 32% more than they where offering. Where as some other less well known sites where offering about 90% of the real value. I am saddened that Tesco are exploiting their market position

    "You are saddened". Really? How are they expoiting their market position? You found other sites giving a better return, use them instead.
  • pmduk
    pmduk Posts: 10,700 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Lesson 1: Different Companies have different offers. Your task is to research first and not make assumptions.
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