Right opportunity for investment in Gold
The present time when the rates of gold are at comparatively a low level seems to be a good opportunity for investment in this metal. Most experts believe the reason for lower rates of gold is due to investment in shares and funds which is providing a better return at the time being. However as the past experience suggests once the markets come under the bearish influence the rates of gold go invariably and that is bound to happen sooner or later.

The right method of investment in Gold
Considering the present level of gold price this is perhaps the best time for investment in gold but once you decide to invest in gold it is advisable to avoid buying ornaments but invest in Gold-Coins. Presently coins weighing from 1gm to 100gm are available in the Indian market costing approximately Rs. 2700 at today’s rate (17.04.2015) + making charges which may vary from shop to shop. But buying gold coins is always the best option for investment purpose as most shopkeepers offer the rates of the day without deducting any impurities or making charges at the time when you decide to sell them unlike gold ornaments.  

Gold Bricks
If you are willing to invest heavier amount in gold it will be better to buy gold bricks available in the market in 1 kg weight category. Certain makers provide these bricks at the rate of day’s gold rate without charging any making charges and guarantee the buy back at the rate when you decide to sell without any deduction provided you have a proper bill of purchase. Buying gold bricks may sound a risky business as one brick of gold will cost approximately Rs 27 lacks at today’s rate but at the present rate of gold it could prove to be a good investment in near future. Once you have decided to invest in gold you should deal with trusted and branded traders like Tanishka etc.

Precaution- Presently most Indian Banks are also dealing in gold coins which is a safer option.According to newly introduced government policy on gold purchase the customer has to provide PAN card over the purchase of gold worth Rs. 1 lacks, so take your tax liabilities into the account. 

Article Posted By : suny  On April 17, 2015lView All Articles

Suny

Article Source :

http://www.veethi.com/articles/time-to-go-for-gold-coins-article-3510.htm

Keywords :
Gold , Coin , Bricks , Investment , Saving , Shares , Markets , Buy back , Making charges , Bill , PAN card