1 gm Gold Coin Price in India Today
Current Gold Rate in India
As of today, the gold rate in India is ₹4,850 per gram for 24-karat gold. The prices of gold coins vary depending on the weight, purity, and brand. In this article, we will focus on the 1 gm gold coin price in India today.
1 gm Gold Coin Price in India
The 1 gm gold coin price in India today is around ₹4,800 to ₹5,000, depending on the brand and purity. Here are some of the popular brands of 1 gm gold coins and their prices:
MMTC-PAMP
- 1 gm 24K Gold Coin: ₹4,850
- 1 gm 22K Gold Coin: ₹4,550
Tanishq
- 1 gm 24K Gold Coin: ₹4,900
- 1 gm 22K Gold Coin: ₹4,600
Sovereign Gold Coin
- 1 gm 24K Gold Coin: ₹4,850
- 1 gm 22K Gold Coin: ₹4,550
Why Invest in Gold Coins?
Investing in gold coins is a popular option in India due to their portability, easy storage, and liquidity. Here are some benefits of investing in gold coins:
- Diversification: Gold coins provide a hedge against inflation and market volatility.
- Liquidity: Gold coins can be easily sold or traded for cash.
- Portability: Gold coins are easy to store and transport.
- Easy to Buy: Gold coins are widely available at banks, jewelers, and online marketplaces.
How to Buy 1 gm Gold Coin in India?
Buying a 1 gm gold coin in India is a straightforward process. Here are the steps:
- Visit a Bank or Jeweler: You can buy a 1 gm gold coin from banks, jewelers, or online marketplaces like Amazon or Flipkart.
- Check the Purity: Ensure that the gold coin is of 24-karat or 22-karat purity.
- Verify the Authentication: Check for the hallmark or certification from a reputed assay office like the Bureau of Indian Standards (BIS).
- Negotiate the Price: You can negotiate the price based on the brand, purity, and weight of the gold coin.
Conclusion
The 1 gm gold coin price in India today is around ₹4,800 to ₹5,000, depending on the brand and purity. Investing in gold coins is a popular option in India due to their benefits of diversification, liquidity, portability, and ease of buying. Before buying a 1 gm gold coin, ensure to check the purity, verification, and authentication of the coin.
