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The Finest Investment Choice For The Future
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Gold is not just any precious metal – it is the one in demand for all sorts of purposes. So gold coins are a great choice for investment for three reasons:
Appreciating value of gold over time:
Gold has, throughout time, been precious. It has always been valuable. It has been the medium of exchange. Today, you buy a gold coin online because you know that if you keep it for few years, its value would have grown in the market. Indian families need to use gold for the important rituals. They also need gold for making jewellery for the weddings. Yet, as the gold coins sit at the centre of the Diwali prayers, it symbolizes our wealth of today and years to come. It was never cheap and it never will be. Everyone knows that. That’s what makes it a sound investment for people of all classes.
As a metal ore, gold is not abundantly available. Irrespective of the scientific progress of metallurgy, it is still not as abundant as aluminium. The limited availability implies that it has more demand than supply.
Low manufacturing cost:
After the gold ore is extracted, it needs to be converted into gold to be used for many purposes. Gold coins are the easiest way to store large quantities of it. The cost, though, should be a factor in your planning. It is not cheap. It is not affordable. It is not like a mutual fund investment. You need sizable funds to make this investment. But, due to the low manufacturing cost compared to jewellery, it is a relatively reasonable choice.
So, we buy gold coins – online and offline. We buy them on important dates. There are several dates for purchase of gold coins in the Hindu calendar year. Though expensive, people of all classes step out of their homes and buy some gold in their family as it is holy ritual that blesses the family with wealth and wellbeing. Though purchase of gold coins from online websites is not rampant, it is a great option for two reasons:
• Comfort and convenience: You can buy gold coins online more easily than offline. Several families flood the jewellery shops on this day. You can do it from the comfort of your home or office. You can keep the tradition alive very easily.
• Options: As there are several online retailers in India, you get a lot more options by default. When you step out, you may not be able to see that many retailers so easily.
Buy your gold coins online and get rich.
Author Bio :- Neha Fernandez is an investment expert and writer living in Mumbai. He writes a weekly blog and also is a freelance investment advisor. He explores over various investment options including Silver and Gold investments. His forte lies in Bullion investment which includes buying Silver and Gold coins online. Neha is an exceptional investor and expert.
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