Where to buy 22 / 24k gold coins gifts online in Bangalore?

The largely bought precious metal in the Indian subcontinent is gold. Gold is not only bought occasionally on festivals, but also regularly in the form of gold savings scheme. People purchase gold in the form of jewellery, coins and bars. Gold coins are bought by those who seek for an investment purchase. If you are looking to buy 22/ 24K gold coins gifts online in Bangalore, CKC Jewellers is the right place.

The purity of gold coins is measured in two ways viz., Karat and fineness. The more commonly used measure is Karat. The purest form of gold has 24 Karats (KT); and it comprises of 24/24 parts of gold. Likewise, 22Kt gold has 22 parts of gold and 2 parts of silver or zinc, which is added to impart durability. Fineness of gold refers to the weight of gold to the total weight of impurities and alloy. Its unit is parts per 1000.

When you buy 22/ 24K gold coins gifts online in Bangalore, you also need to check if it is hallmarked. Hallmarking refers to the embossment of a mark on the gold item by the Bureau of Indian Standards (BIS), which has been established by the Government of India. A hallmark is to certify the level of purity of the item. This is an effort by the government to prevent customers from getting cheated by buying fraudulent gold products.

Gold coins can be purchased in denominations as low as 0.5 grams to as high as 50 grams. This way, a 0.5 grams 24 KT gold coin would cost you Rs.2080 (as per the current price of 10g of 24 KT gold, which is Rs.41,605 on 6 February 2020). This price does not include the taxes and making charges. The making charges for gold coins is usually between 8 to 16 percent.

While buying gold coin you should ensure that it is sold in a tamper proof packaging. This packaging has been done to protect the item against damage, fraudulence and counterfeiting. As the packing assures the credibility of the gold coin’s purity, you need to bear in mind that it should not be opened or torn if you intend to resell it.

There are many reasons to buy gold coins. The foremost is that it is a tangible asset. The second is that it is free of counterparty risk. For, you don’t need to make a paper contract to acquire it, and it does not need the banking of an authoritative body. Another thing is that it is highly liquid. It can be sold anywhere on the earth. Further, it is a private and confidential asset, value dense, a hedge against inflation, and portable.

Gold coins can be bought from online jewel stores, jewelers, MMTC, banks and some non-banking financial firms.

This article is a presentation from CKC Jewellers, one of the leading jewelers in Bangalore for a long time now. They have six luxury boutiques and showrooms here, and also sell their products online. Apart from their range of jewellery including jewellery set, heritage jewellery, nose screws, pendants, bangles, earrings (tops, drops and balies), finger rings, bracelets, gifts for men, necklaces and chains with pendants, they also sell gold coins and gifts for men. Other than gold coins and gold ornaments, their collection also includes jewellery made out of platinum, silver and plated silver.

If you would like to buy 22/ 24K gold coins gifts online in Bangalore from CKC Jewellers, you can do so directly by ordering one through their online store, or by visiting one of their luxury boutiques and showrooms. They also offer two types of gold savings scheme viz., Gold Advantage Advance Purchase (GAAP) and Gold Standard Rate Protection Plan (GSTD), under which you can save money for gold purchases from them, which can be in the form of coins or jewellery.