Investing in Gold Coins in India

Gold is the most precious asset class for the Indians since past several hundred centuries. Since thousands of years, Indians primarily invest in gold. And in the recent past, because of the US Government’s money printing activities, the gold price has driven to the sky high.

There are several forms of investing in gold in India. Out of which one way to invest in gold is the Gold Coins. You can invest in gold coins only for the investment purpose or for making the jewellery in the future.

Gold is extremely important for Indian Weddings. Now, let me tell you that How to Buy Gold Coins in India?

Well, now a days not only the jewellers but also the banks offer the gold coins. You can go to SSBI, ICICI or HDFC Bank branch in your local area and buy a certified gold. I personally buy Gold Bars and Coins for the investment purpose fro ICICI bank or HDFC Bank local branches near me.

And My experience of buying gold coins from the Banks is relatively good than buying from the jewellery shop. This is because it’s easy and convenient to buy a gold coin from your local bank branch.

Remember that Gold is a good asset class to diversify your portfolio. But the over all portfolio allocation of gold in any portfolio should not be more than maximum 10% of the total portfolio net worth. What many people do is after watching the tremendous appreciation of the gold in the past few years, they are shifting their equity holdings in the gold for good profit. But this is the false strategy.

We have a past proven data of several hundred years that equity has outperformed any other asset class in the long run. So never invest more than 10% of the overall value of your portfolio in the gold.