5 GM Gold Coin Price in Delhi
Introduction
Investing in gold is a popular choice in India, and Delhi is one of the major hubs for gold transactions. A 5 gm gold coin is a popular choice for investors and gift-givers alike. If you're looking to invest in a 5 gm gold coin in Delhi, this article will provide you with the current market price and other relevant information.
Current Market Price
The price of a 5 gm gold coin in Delhi varies depending on the purity of the gold, the brand, and the certification. As of the current market trend, the price of a 5 gm 24K gold coin in Delhi is around Rs. 24,500 to Rs. 26,500.
Here is a breakdown of the prices of 5 gm gold coins from popular brands in Delhi:
- Tanishq: Rs. 25,500 to Rs. 27,500
- Kalyan Jewellers: Rs. 24,800 to Rs. 26,800
- PC Jeweller: Rs. 24,500 to Rs. 26,500
- Senco Gold: Rs. 24,200 to Rs. 26,200
Factors Affecting Gold Coin Prices
The prices of gold coins in Delhi are affected by several factors, including:
- Gold Rate: The current market rate of gold in Delhi affects the price of gold coins.
- Purity: The purity of gold, ranging from 18K to 24K, affects the price of the coin.
- Brand: The reputation and popularity of the brand affect the price of the gold coin.
- Certification: The certification of the coin, such as Hallmark or BIS, affects the price.
- Taxes and Duties: The taxes and duties imposed by the government affect the final price of the gold coin.
Benefits of Investing in Gold Coins
Investing in gold coins offers several benefits, including:
- Hedge Against Inflation: Gold is a hedge against inflation and market volatility.
- Easy to Sell: Gold coins are easy to sell and can be exchanged for cash or used as collateral.
- Durable: Gold coins are durable and long-lasting.
- Easy to Store: Gold coins are easy to store and can be kept at home or in a bank locker.
Conclusion
Investing in a 5 gm gold coin in Delhi is a popular choice for those looking to diversify their investment portfolio. With prices ranging from Rs. 24,500 to Rs. 26,500, it's essential to research and compare prices from different brands and sellers before making a purchase. Remember to consider the purity, certification, and brand reputation before investing in a gold coin.
