Gold Coins
Are you thinking of investing in gold? With the current scenario of gold coin price 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 tangible and 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, Dhanteras, or Akshaya Tritiya, or occasions like weddings, child naming ceremonies, etc.
Besides being preferred for making traditional or fashion jewellery, gold is one of the best investment forms with good returns. There are numerous ways one can invest in gold. One is buying gold jewellery , where one can 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 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 and 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 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. 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 portfolios. Corporate companies often buy large quantities of coins or medals for gifting or awards.
Gold Coins Rate
Gold coin price today 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 investment possibilities, investing in gold coins doesn't need you to spend or save a fortune. Indian gold coins can be bought 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 give 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 for gold coins.
Gold Coins Price Today in India
The current gold coin rate today depends on the gold rate in India which keeps changing every day. However, these changes are not that vast and fluctuate due to various national and 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 from reputed banks, jewellers or other sellers, gold coin rates depend on the source you are buying from and the time you are buying. Remember to check the 1 gram gold coin price for 24K gold coins at various sources that sell them before making a purchase. You can also check online for the best gold coins to buy and stay informed about the current gold sikka price 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 coin or gold rates go up when the other investment options decline, stabilizing your portfolio.
- They act as a bulwark against inflation.
- There is no need of paying capital gain tax until the coins are sold.
- Different from 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 their 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 the latest designs and higher value as per the rates.
Buy Gold Coins Online
With everything shifting to the web lately, online gold coin purchase is alright. It is more convenient and hassle-free than going to a jeweller or bank and making a purchase after waiting hours. 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 choose the pure gold coin that fits your budget. Check the karatage or purity, which is sometimes mentioned as fineness. Check the weight too. The standard weight of gold coins online starts from 0.5 grams and can go to 100 grams. But a 1 gram or 2 gram gold coin would be good enough for an ideal purchase.
For investment purposes, people often buy 5 or 20 gm gold coins, 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 in a premium packaging case or pouch. You can use the same pouch to store them away from extreme heat and moisture. Also, remember to check for gold coin offers online. Many online platforms which keep these coins for sale often provide additional gold coin discounts.
Check out our gold coin collections filtered by karat and weights:
Gold Coins Collection 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 grams. 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, the Melorra logo on one side and Goddess Lakshmi's image on the other. We offer 22kt and 24kt gold coins in various weights from 0.5 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, our 1 gram gold coins are ideal. Our Laxmi hallmark gold coin in 22kt yellow gold are the best buy for any auspicious occasion. If you want to invest more money, buy 10 gm gold coins online from the Melorra site, available in 22k and 24k purity. 24kt gold coin price would be higher than the 22kt gold coin price, as the former has 99.9% gold purity.
Gold Jewellery Collection at Melorra
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.
Explore our exclusive gold jewellery collection:
Also, explore our Akshaya Tritiya jewellery at Melorra.
Melorra Gold Coins FAQs:
Is it legal to purchase and possess Gold Coins in India?
Yes, buying gold coins in India online or offline is absolutely legal. People buy them as an investment and balance out their portfolio's risk profile. These coins can also be very useful in financial difficulties or emergencies. One can sell these coins for cash or take a gold loan against them later.
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 can also convert these coins into jewellery anytime in the future.
What is the best time to buy Gold Coins online?
Buying gold coins at low prices can make it easier on your pocket. For that, you can keep tracking the gold rates daily or weekly. You can also buy them on auspicious days like Diwali, Dhanteras, and Akshaya Tritiya when online sites offer great gold coins.
