There is a lot of hype around buying gold coins in India. For Indians, gold is not just a precious metal, but an auspicious one too. Here are a few FAQs with answers to clear away your doubts about investing money in gold.

Why Should I Go For Gold Coins?

The most important reason is the relative stability of the gold market and the high returns you get. When compared to other investments, gold is an asset which you can dissolve easily in case of an emergency. Another benefit of buying this precious metal is the ease of storage and transport.

When Should I Buy Gold Coins?

Some people prefer buying this precious metal on auspicious occasions like the Akshaya Tritiya, while others buy for birthdays, anniversaries, and on special occasions. If you are planning to invest in gold, then buy when the prices go down. The price changes every day, and a smart investor keeps his eye on the gold rate trends before investing.

What are the purity levels of gold coins?

The purity of gold is measured in karats. Some of the popular purity levels are 24 karats, 22 karats, and 18 karats. Coins generally come in 24 karats (99 percent pure) and 22 karats (91.67 percent pure). Nowadays most of the contemporary gold jewellery comes in 18 karats gold, which is lightweight and light on the pocket as well.

How Can I Identify The Purity Level?

Check for BIS Hallmark symbol, which indicates the purity level. This symbol has five components – the Assaying and Hallmarking Centre’s mark, fitness number (karat), Jeweller’s identification mark, code letter (year of making), and finally the BIS mark. The 24 karat gold price depends on various factors. Check for the BIS Hallmark on the gold coins before you buy from any jewelry store.

Where Can I buy Quality Gold Coins?

There are numerous stores, both physical and online, that offer competitive rates. Before you make your investment find out, if the store has a good reputation. You can easily verify its reliability by taking part in forum discussions and asking your internet-savvy friends. Some of the popular coin designs are Lakshmi, Shridi Sai Baba, Ganesha, and Lord Balaji. The interactive website helps you to pick a coin that fits your preference and budget. You can buy gold coins in online at incredible prices. In general, online stores offer gold at much less price compared to physical store because they don’t have any operational cost.

One reliable e-store that you can check out is CaratLane. This large online store offers a wide range of gold coins in a variety of designs and purity levels. This e-store offers one of the lowest gold coin rates. Apart from lowest prices, this e-store offers free shipping facility also. For purchases up to 10,000 rupees, cash on delivery option is also available. Last but not the least, this e-store is reliable and user-friendly. What more do you want? Just log in to this e-store and check out their collection.

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

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One of the best and the safest ways to invest money is to buy gold and Diamond jewellery.
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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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Keywords: 24 Karat Gold Price, Buy Gold Coins, Gold Coins, Online Jewellery Stores