Buy Indian gold coins this Diwali - Fusion - WeRIndia

Many people prefer to buy gold during Diwali as they believe it brings good luck to them. Especially on Dhanteras which was observed on yesterday, people rushed to gold shops to buy jewelry. However, it is better to buy gold coins rather than in the form of gold jewelry. Many prefer to buy gold coins and considering the options of buying the gold in the form of coins.

If you are opting for buying gold coins, then read this article to know more about them. Prime Minister of India Narendra Modi launched Indian gold coins as part of gold monetisation program. The gold coins will have the national emblem of Ashok Chakra on one side and the face of Mahatma Gandhi on the other side. These are the first eve national gold coins that have unique features in many ways.

Government launched the gold coins to meet the local demand existed in the country and to reduce the reliance on importing gold form other countries. Minted in India, these gold coins are available in the denominations of 5 gram and 10 gram. They will also be available in 20 gram bars.

These 24 karat gold coins will have purity of and 999 fineness. They have the hallmark as per the standards of BIS. Coin cover is safe with tamperproof packaging and recyclable easily. MMTC has announced buy back policy for the coins and assured to buy them at the existing gold base rate whereas others deduct up to 4 per cent even for their gold products while buying back. Thus, one can gain if buy these coins.

So if you want to buy these gold coins you can buy them in the MMTC outlets throughout the country. They are also available in the authorized branches of Andhra Bank, HDFC Bank Federal Bank, Indian Overseas Bank, ICICI Bank, Vijaya Bank and Yes Bank.

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