Hows, Whys & Where to Buy Pure Physical Gold Coins/Bars Online in India?

Jan 08, 2024

Buying Gold Online in India is a maze, especially after the increase in digitalisation and a Surge in platform adoption: A recent survey by LocalCircles found that 81% of Indian investors are now open to buying gold online.

Buying Gold Online in India is a maze, especially after the increase in digitalisation and a Surge in platform adoption: A recent survey by LocalCircles found that 81% of Indian investors are now open to buying gold online. This is a significant increase from just 56% in 2021, indicating a growing acceptance and trust in online gold platforms.

This is not just the seller side scenario, this is the same from buyers' side, In fact, a study shows that there was a 100% YoY growth: According to a report by ResearchAndMarkets.com, the online gold market in India is expected to grow by a whopping 100% year-on-year from 2023 to 2028. This means that the market size, which was estimated at around ₹6,000 crore in 2023, could reach a staggering ₹12,000 crore by 2028. 

Advantages of Investing in Physical Gold Bars/Coins

For people who think gold means a piece of jewelry please demystify your myth, the value of Gold is beyond just ornamentation. When you look at the graph of gold’s growth, you would realize you had better saved on making charges of the jewelry and invested that amount on gold the metal itself in the form of pure coins or bars. That being said, let’s understand the advantages you get when you Buy Gold bars and coins in India

Stable Growth - As shown in the graph above the growth of gold is very steadily positive because when it comes to gold, people consider it as the safe haven investment. This phenomenon results in a high demand for gold, providing constant growth.

Tangible Asset - Unlike other assets like stocks and bonds, Gold is something that you hold in your hands and will be there with you in the worst-case scenarios. 

Easy Liquidity - You ask in any corner of the world, the gold is accepted. This is due to the fact that demand for gold is not limited to just investment or jewelry, it’s also used in Technology and might be behind the screens you’re reading blog.

Diversification - In times like COVID-19, the stock market crashed but the gold price more than doubled. Now, people who had Gold in their portfolio were saved because they got the amount without selling their stocks at the crashed prices.  

Pros and Cons of Purchasing Physical Gold Online

Still don’t believe Why Buying Gold Online is the Best, let us help you understand all the additional things many things that you should consider in the due diligence before buying.

The PROS of purchasing physical gold online

Convenience - Purchasing Gold was never so easy. With Secure Doorstep Delivery, one can easily decide where the gold should be shipped, and when it should be shipped.

Variety - With a wide range of Coins/Bars in different weights and sizes, you can easily choose according to your preferences or requirements. 

Transparency - The online platform enables a world of possibilities including, Real-time price updation on which you can place the order online.

Authenticity - Our trusted platform will only provide you with nothing but the best on paper, BIS Hallmarked 999 purity with Assay SIgnature & ISO Mark.

Best Price - Gujarat Gold Center has been a reputable vendor for Jewellers since 1991 and now has launched its D2C selling you directly, cutting the middlemen plus saving you costs.

The CONS of purchasing physical gold online

Finding Trusted Sellers - With the rise in the demand trend for buying physical gold online, there is a rise in the platforms as well but you as an investor should know the trusted platforms.

Liquidity Limitation - There are certain platforms that don’t sell you at a buyback guarantee or even if they commit then they have tricky terms that you should avoid.

Valid Shipping Codes - This is a crucial point because you should be aware of the platforms which do not offer delivery in your area. 

Site Security - You should check if the site has basic security like SSL, and have trusted Payment Gateways which offer end-to-end encrypted security on the website.

Ordering High-Quality Gold Bar/Coins Online in India

Now that you know what to look for, the question arises where do you get all these qualities in one place? Well, worry not!

Trusted since 1991, Gujarat Gold Center is your one-stop shop for everything you need from bars to coins, and various weight ranges delivered to your doorstep. Say hello to a buy-back guarantee, BIS standard 999 purity, PAN India shipping codes, Secure site with payment gateways, and Say goodbye to gold investment nightmares!

What to Order? Gold Bars V/s Coins Comparison

Fun fact to know, In the bullion market (where people buy gold in bulk) Gold bars Dominate the market, accounting for roughly 70% of global bullion sales in 2023. (Source: World Gold Council)

The logic is very simple, Bars are less costly to produce and attract less making charges vs coins so if you’re looking from an investment perspective then you should prefer bars. Now, it also depends on the seller if you buy gold coins and bars in India from Gujarat Gold Center, the cost will not be much of a difference and you can buy as per your preference.

Conclusion 

We hope you are very clear with where/what to Buy, how to Invest and why to Purchase Pure Physical Gold Coin/bar Online in India. If you are reading till here then congratulations, here’s a pro tip for you - 

Rise & Shine: Since 2015, gold's price has climbed a staggering 82%, reaching over $1,800 per ounce in early 2024. That's like finding a hidden stash of coins under your floorboards! 
(Source: World Gold Council)

Investment in gold requires patience which you have shown reading this entire blog, the chances are higher that you’ll consistently invest in gold regardless of the price and get great returns in the long term!


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