Are you thinking of investing in gold? With the current scenario of gold
prices touching the sky, the right time to buy gold is ‘now’.
An alternative to gold jewellery, gold coins provide a reliable opportunity
as an investment asset. There isn’t any better idea than making an
investment that is not only tangible but also assures a steady return
without any extra or hidden costs. With gold coins, you safeguard your
money, and later can immediately convert them into ready cash wherever
Indian Gold Coins
Indians had a special connection with gold for centuries and now this bond
has made the country the second-largest consumer of the precious metal in
the world. As per Indian culture, gold is considered a symbol of blessing
from Goddess Lakshmi and buying gold is said to be auspicious for bringing
good luck and prosperity into life. Indians love to buy gold during
festivals like Diwali,
, or occasions like weddings, child naming ceremories etc.
Apart from being preferred for making traditional or fashion jewellery,
gold also makes one of the best forms of investment with good returns.
There are numerous ways one can invest in gold. One of them is buying gold jewellery
, where one can also adorn and flaunt their investment in front of others.
Another way to invest in gold with maximum returns and very little risk of losing some part of it while melting (like that of jewellery) is to buy gold coins. At times many people prefer to invest in
gold in its purest forms. Buying gold coins is part of the Indian
Traditions as well as a good investment alternative. Gold coin values are way bigger than they seem as they are considered to
be the means of worshipping Goddess Lakshmi across India and also make a perfect gifting
option which is often passed on as blessings from elders to their younger
Why Buy Gold Coins?
Indians buy gold coins for three major purposes: for family or corporate
gifting, for auspicious or religious significance and for personal investments.
They remain in high demand during special festivals and wedding seasons.
They are also an excellent investment option because of their transparent
pricing, negligible making charges, and fantastic profits. Individual
investors also purchase 24ct gold coins to enhance their portfolio.
Corporate companies often buy large quantities of coins or medals for
gifting or awards.
Gold Coins Rate
Gold coin price in India is a concern for those who like to invest in these
coins as it is the easiest and safest type of asset to invest in. In
contrast to other forms of investment possibilities, investing in gold
coins doesn’t need you to spend or save a fortune. Indian gold coins can be
bought starting from 0.5 grams to 100 grams with the most affordable gold
coin rate and can be sold later at similar prices. Thus making it easy to
invest in multiple coins at best
gold rate in India. Many choose 24 karat gold coins over the 22 karat ones as they are said to be purer than the other and gives back good value while selling. You can also see the clear difference in the price of gold coins in 24k and 22k. Yet both have their own advantages while shopping gold coins.
Gold Coins Price Today in India
The current gold coin price depends on the gold rate in India which keeps
changing every day. Though these changes are not that vast and fluctuate
due to various national as well as international reasons. Gold rate is
slightly different for different cities in India and also various sources
that sell these coins can quote varying prices. Therefore, while buying
gold coins from reputed banks, jewellers or other sellers, gold coin rates
depend on the source you are buying from, along with the time you are
buying. Remember to check the 1 gram gold coin price for 24K gold coin at
various sources that sell them before making a purchase. You can also check
online for best gold coins to buy and stay informed about the current
prices for 22k or 24k gold.
Benefits of Investing in Gold Coins
Gold coins have always been a part of traditional investment policies. It
is a tangible asset with no counterparty risk. It can be kept private and
confidential. It is also an ideal asset because of its high liquidity and
portability with no maintenance and carrying charge. Here are some of the
reasons to invest in these coins:
Gold coins rates or gold rates go up when the other investment options
decline, providing stabilization to your portfolio.
They act as a bulwark against inflation.
There is no need of paying capital gain tax until the coins are
Unlike gold jewellery, there are minimum or almost no making charges
while buying gold coins; therefore, the fear of losing money value with
time is absent.
Any jewellery store or bank will happily accept these coins for the
current market gold rate.
They are gaining popularity because of variety in sizes, ease of sale,
packaging, and hallmarks as per international standards.
Coins in gold bought at present value can be exchanged later for money or
even gold jewellery with latest designs and higher value as per the rates.
Buy Gold Coins Online
With everything shifting to the web lately, gold coins online shopping is
not a bad idea. In fact, it is more convenient and hassle-free than going
to a jeweller or bank and making a purchase after spending hours of wait.
Buying gold coins online is very simple and gets done in just a few clicks.
You just need to go to a trusted site and then choose the pure gold coin that
fits your budget. Check the karatage or purity, which sometimes is
mentioned as fineness as well. Check the weight too. The standard weight of
gold coins online starts from 0.5 grams and can go to 100 grams. But for an
ideal purchase, a 1 gram or 2 gram gold coin would be good enough.
For investment purposes, people often buy 5 gm gold coin or 20 gm gold
coin, as per their financial plan. The next thing to do is to add the
product to the cart and make the payments. Your coin will be delivered to
you in a premium packaging case or pouch. You can use the same pouch to
store them away from extreme heat and moisture. Also, don’t forget to check
for gold coin offers online. Many online platforms which keep these coins
for sale often provide additional gold coin discounts.
Gold Coins Collection 2021 at Melorra
Along with a wide range of trendy jewellery pieces,
we have a decent collection of gold coins in a variety of weights and
different levels of purity. Measured in grams, we offer an array of pure gold
coins in several denominations starting from 0.5 gram. Our coins are
crafted in yellow gold of smooth finish and stamped with a standard gold
mark and certification. The gold coin design includes purity marks, Melorra logo on one side and Goddess Lakshmi's image on the other side. We offer both
22kt and 24kt gold coins in various weights from 0.5 grams to 20 grams.
Our pure gold coins assure 99.9 of fineness with BIS Hallmark. If you want
to gift your younger generation or anyone dear to you, then our 1 gram gold coins are
an ideal choice. Our Laxmi gold coins in 22kt yellow gold are the best buy for
any auspicious occasion. If you want to invest more money, then we suggest
you buy 10 gm gold coin online from Melorra site available in both 22k and 24k
purity. 24kt gold coin price would be higher than that of 22kt gold coin
price, as the former one has 99.9% gold purity.
Check out our gold coin collections filtered by karat and weights:
Our designers craft jewellery motifs inspired by global fashion trends to
cater to the jewellery needs of modern women. We offer a wide range of
designs of trendy, lightweight and minimal jewellery in gold with a variety
of contemporary styles.
1. Is it legal to purchase and possess Gold Coins in India?
Yes, it is absolutely legal to buy gold coins in India online or offline. People buy them as an investment and to balance out the risk profile of their portfolio. These coins can also be very useful in times of financial difficulties or emergencies. One can sell these coins for cash or take a gold loan against them later.
2. Are Gold Coins worth buying or investing?
Buying coins in gold is a good decision as they make for a decent investment. One can benefit from them when gold prices rise. One also has the option of converting these coins into jewellery anytime in the future.
3. What is the best time to buy Gold Coins online?
Buying gold coins when the gold prices are low can make it easier on your pocket. For that you can keep tracking the gold rates daily or weekly. You can also opt to buy them on auspicious days like Diwali, Dhanteras and Akshaya Tritiya when online sites offer great discounts.