New Delhi, Feb. 27 -- With gold pricesrising rapidly, there are investors who are contemplating investing into the precious metal with an intent to earn profits in the near future. While most investors use a debit card orUPI payments to buy gold, some also prefer to use credit cards for these payments as well.

However, is it advisable to use acredit card for buyingjewellery? Well, it does not harm so long as you don't accumulate too much interest in it. Since credit cards levy a high rate of interest (sometimes as high as 2 to 3 percent per month), this will be adjusted against the increase in gold prices.

So, either an increase in gold prices is higher than the interest payment for a credit card or you pay your credit card bill within ...