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 required!
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 , or occasions like weddings, 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 , where one can also adorn and flaunt their investment in front of others. Another way 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. They are considered to be the means of worshipping Lakshmi across India and also a perfect gifting option which is often passed on as blessings from elders to their younger ones.
Why Buy Gold Coins?
Indians buy gold coins for three major purposes: for family or corporate gifting, for auspicious or religious significance and personal investments. They remain in high-demand during special festivals and wedding seasons. Gold coins 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 gold 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 gold 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.
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 gold 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 gold coins 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 gold coins:
· Gold coins rates or gold rates go up when the other investment options decline, providing stabilization to your portfolio.
· Gold coins act as a bulwark against inflation.
· There is no need of paying capital gain tax until the gold coins are sold.
· 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 the gold 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.
· Gold coins bought at present value can be exchanged later for money or even gold jewellery with latest designs.
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 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. Next thing to do is to add the product into the cart and make the payments. Your gold coin will be delivered to you in a premium packaging case or pouch. You can use the same pouch to store your gold coins away from extreme heat and moisture. Also, don’t forget to check for gold coin offers online. Many online platforms which keep gold coins for sale often provide additional discounts.
Gold Coins Collection at Melorra
Along with a wide range of and stamped with a standard gold mark, certification and Goddess Lakshmi's image on the back. We offer both 22kt and 24kt gold coins in various weights from 0.5 grams to 20 grams. , we have a decent collection in gold coins of a variety of weights and different levels of purity. Measured in grams, we offer an array of gold coins in several denominations starting from 0.5 gram. Our coins are crafted in yellow gold of smooth finish
Our pure gold coins assure 99.9 of fineness with BIS Hallmark. If you want to gift your younger generation or anyone, then our 1 gram gold coins are an ideal choice. Our laxmi gold coins in 22kt yellow gold are best buy for an auspicious occasion. If you want to invest more money, then we suggest you buy 10 gm gold coin online from Melorra 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.
Gold Jewellery Collection at Melorra
Our designers craft jewellery designs inspired by global fashion trends to cater to the jewellery needs of modern women. We offer a wide range of trendy, lightweight and minimal jewellery designs in gold with a variety of contemporary styles.
Explore our exclusive gold jewellery collection: