Coins and Bars Are a Better Investment Than Gold Jewelry
Compiled by ‘Arthsanket Global News ’
Gold holds a special place in Indian society. Buying gold jewellery is a common tradition during festivals, weddings, and religious ceremonies. However, from a financial perspective, gold coins and bars prove to be more beneficial investments compared to jewellery.
1. Higher Purity and Assurance
Jewellery emphasizes aesthetics and design, which often compromises its purity. Typically, jewellery is made from 22-carat gold mixed with other metals. In contrast, gold coins and bars are generally 24-carat with 99.9% purity, making them more valuable from an investment standpoint.
2. No Making Charges
Purchasing jewellery involves additional “making charges” on top of the gold’s weight, which can range from 8% to 25%. Gold coins and bars, however, do not incur such extra costs—meaning your full amount goes directly into gold.
3. Easier to Sell
Selling gold coins and bars is simpler and more straightforward, with transactions based primarily on weight and purity. On the other hand, selling jewellery involves evaluating purity, design, and wear-and-tear deductions—often resulting in financial loss.
4. Storage and Insurance
Storing jewellery securely and insuring it can be more costly and complex. In contrast, coins and bars are easier to store safely in lockers, and insurance procedures for them are more straightforward.
5. Investment Intent
Jewellery is primarily bought for personal use, with investment being a secondary consideration. Coins and bars, however, are acquired purely for investment, thus offering better long-term financial benefits.
Conclusion
While jewellery carries emotional and cultural significance, gold coins and bars are a safer, more transparent, and profitable investment option. Therefore, when making financial decisions, rational economic thinking should take precedence over sentiment.
For more information, contact: 8082349822
- Coins and Bars Are a Better Investment Than Gold Jewelry
- Inspira Realty earmarks 232-Acres for ‘Inspira City’ Industrial Park in Chhatrapati Sambhaji Nagar
- An honor of lifetime for Harshall Joshii
- Vedbhoomi Eco Village Honored with ‘Iconic Tourism Brand of Maharashtra’ Award
- ‘Jogalekar Cottage’ Honored with ‘Best Customer Service Brand’ Award
