Are you going to buy gold coins on Akshaya Tritiya? As per the Hindu almanac, this holy day falls on the third day after amavasya (no moon) in the month of Vishaka. In layman terms, it is on 24 April 2012. “Akshaya” is a Sanskrit word which means “never diminishes,” and this day is perfect for making investments or starting new projects. It is believed that purchasing gold coins on this day heralds good fortune and prosperity. There are certain points which you should keep in mind before investing on gold. Take time to read this article to make sure that your investment is not just an auspicious one, but also a safe one.

Check the Purity Level:

While buying gold coins in India, you generally have the choice of two purity levels – 22 karat and 24 karat. The purity percentage of 24 karat gold coins is 99.9, which means that it hardly has any other metal. On the other hand, 22 karat gold coins are 91.67 percent pure, which make them ideal for making jewellery. So, if you are looking to make an investment, the former is a good choice, while you can go for the later, if you are planning to make jewellery with them.

Check for the BIS Hallmark:

This Hallmark certifies that the gold coin or jewelry piece conforms to the certified purity levels. The BIS Hallmark symbol has five components namely, the BIS Mark, the Assaying and Hallmark Centre\’s Mark, Jeweller’s identification mark, fitness number (carat), and the code letter, which denotes the year of marking. The fitness number for 22 karat jewellery is 916. So, make sure that the gold coin or jewelry you are going to buy has all those mentioned above. Don’t fall for the tactics of salesperson, who tries to bluff you that BIS hallmark is not mandatory or who try to sell you jewelry without BIS mark at low-price.

Check the Pricing:

Gold prices vary on an almost daily basis depending on the fluctuations in the world market. So before you buy gold, check gold price of the day. Prices differ for coins and ornament. So if you are planning to buy 22 karat gold ornament, check for the price of 22 karat ornament instead of coin. There are plenty of stores that offer discounts for special occasions. On Akshaya Tritiya, almost all retailers offer coins at slashed prices. Checkout various outlets and online stores before you make your purchase.

Check the Reliability of the Store:

Last, but the most important point is that you should check, if the store is trustworthy. The best way would be to ask friends and relatives about it. If you are planning to purchase online, checkout customer reviews and forums that offer an unbiased opinion. Most of the online stores offer shipping at free of cost to your doorstep. If you are making an online purchase, don’t forget to check their return policy and special offers for Akshaya Tritiya. Buy gold coins this Akshaya Tritiya and may good luck and fortune follow you throughout the year.

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Author Bio: Purchasing Gold coins online is really a risky business. Make sure you check the quality of the items you wish to purchase.

Click here for 100% quality Buy gold coins online.

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