Q&A: Is it safe to invest in gold in india? | Gold Investment Trading ...

Question by : Is it safe to invest in gold in india?

Is it safe to invest in gold in india? I want to know whether i should buy ornaments or gold coin from the bank?

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India is currently buying gold, internationally for the same prices you are buying it here, so there is no economical advantage should your intention be one of an investor. In India, however, you could buy jewelry for less, due to the fact that the amount it cost to create the jewelry from gold costs less. Moreover, in India you will find higher Karat-ed gold, like 18K, 21K, 22K etc, that is very rare in the US. As for coins, it maybe harder to sell Indian Gold Coins in the US when need be, simple because they are not as familiar to us. For investment purposes, coins especially, do consider the American Eagles Bullion Gold and Silver. They are very liquid as most investors know of them and their worth.

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