Gold has always been in demand in India and all over the world for many centuries for its ornamental value as well as for long-term investment. Indian gold jewellery sector is one of the biggest in the world. This sector contributes to 29% of the world’s gold jewellery consumption. Buying gold in the form of jewellery, coins or bars has always been part of the Indian culture be it for marriages, festivals, auspicious days, or special occasions like birthdays or anniversaries.
People who wish to invest in gold usually buy gold in the form of coins and bars. Gold coins are also a more preferred choice when it comes to gifting gold for a special event. Depending on its usefulness and price gold coins come in different sizes and designs. 0.5 grams is the lowest denomination in which you can buy a gold coin and when compared to buying gold jewellery the making charges are a bare minimum.
There are different types of gold coins based on the gold coin design, style, and size.
Religious Gold Coins (24 Kt and 22 Kt)
You can find several religious gold coins on Finaura. Each of these coin designs come with images of deities and saints of different religions.
If you are searching for a gold jewellery design with a Hindu deity the 4g-22Kt Lakshmi Gold Coin, 4g- 24Kt Lord Murugan Gold Coin, or 4g- 24 Kt Radhe-Krishna Gold Coin, 8g-24KT Lucky Ganesha Gold Coin, or 20g- 24Kt Lord Balaji Gold Coin would be good choices.
8 gm 22KT Gold Coin with Guru Nanak Design and the 4 Gram (22 Kt) St. Mary Gold Coin are some of the other choices for religious gold coin designs.
Personalized Gold Coins
If you wish to buy a gold coin with a personalized image you can take a look at the Malabar Gold Personalise Gold Coin (Product Code: GCPRIMG9995).
Gold Coin Pendants
Those of you who are in search of a gold coin pendant can check out the 999 Purity 2 Grams OM Impression Gold Coin Pendant (Product Code: PDOM999P002G) or the 999 Purity 3.5 Grams Rose Gold Coin Pendant (Product Code: PDRS999P305G). So what are two of the important factors to consider before investing in gold coins?
Purity Of Gold
Karat and fineness are the two ways by which you can measure how pure the gold coins are. Gold coins are available in 24 Karats and 22 Karats. 24 Karats is the purest form of gold (24/24 parts is gold). The 10g-24 Kt Lord Balaji Gold Coin or 10g-24Kt Lucky Ganesha Gold Coin on Finaura are perfect choices.
In 22 Karat gold coins like the 8 Gram (22 Kt) Vishnu Gold Coin you get 22 parts of gold and 2 parts of silver or zinc. This increases the durability of gold while making jewellery.
Fineness is another way to determine the purity of 24 Karats of gold. When measured for fineness 24 Karats of gold must show purity for 999.9 parts out of 1000.
Gold coins need to be hallmarked to ensure its purity and credibility. The Bureau of Indian Standards (BIS) is the regulatory body set by the Government of India to issue hallmark certifications for gold in our country.
You need to check for the following while buying gold coins.
- BIS Hallmark
- Hallmarking center’s logo
- Karats and fineness indicating the purity of gold
- Identification number and mark of the jeweller
The Gold jewellery design finder Finaura has a wide range of gold coin collection. Compare the different products and choose something that matches your personal preference and budget.
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