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Reasons Why You Should Buy or Invest in Gold Coins

by Priya Sharma Gold loan
Gold continues to be the most preferred investment option for ages. This valuable metal has been appreciated across the world for its rich history and value. Also, it is considered a symbol of wealth, prosperity, and luck. Most people wish to have gold for different reasons, such as for gifting purposes, auspicious or religious significance, wedding ornaments, and personal investments. While all forms of gold are great for investment, gold coins are preferred due to their transparent pricing, great returns, and negligible making charges. Also, the cost of the gold coin is more affordable than jewellery because it does not contain making charges. 

Mentioned below are the best reasons why you should invest in gold coins.

Budget-Friendly Investment Option

For many people, buying gold means spending a good amount of money on their investment. However, gold coins offer you the opportunity to invest within your limited budget too. You can choose to buy and invest in as little as 5 grams of gold coin, available at reasonable prices. So, you can invest in coins within your restricted budget or whenever you have extra cash. Gold coins come in round shapes and are available in diverse sizes and various purity levels, giving you the option to choose from 0.5 to even 100 grams of coins. 

Easy to Monetize

When you are in urgent need of cash and try to sell your gold jewellery or bars, it may attract certain charges. The reason behind it is that the gold has to be evaluated for purity, melted, and redesigned for reuse. However, with gold coins, you do not need to be concerned about any charges while selling them in the market. You will have more chances to get the proper value of your gold coins as they are easier to sell and monetize.

Certified

Indian gold coins attain the certification of Bureau of Indian Standards (BIS) Hallmark. A hallmark is a mark that verifies the purity of the gold coin, according to the Indian Standard specifications. It ensures that you will receive gold coins with 99.9% purity. So, you do not have to worry about the mixed gold, poor quality, and other impurities in the coin. Also, gold coins come with an anti-counterfeit currency like safety features where every package is barcoded and serial numbered.

Transparency 

Price is always a major issue when buying gold from a local jeweller as you are not aware of the labour charges and actual gold content in the jewellery. However, with gold investments, you do not have to be worried about the cost factor. Gold coins come with transparent pricing. Also, when you sell some gold jewellery, you often get lower value due to different reasons like wastage material, incorrect weight, and more. But, with gold coins, you do not face such issues. A 10-gram coin assures the value of 24 Karat while getting sold. 

In addition, you can easily purchase gold coins online at the best prices. Make sure you choose the most trusted financial services brand to ensure hassle-free investment.

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About Priya Sharma Junior   Gold loan

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Joined APSense since, April 1st, 2021, From Ernakulam, India.

Created on Nov 30th 2021 22:41. Viewed 214 times.

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