The largest devourer of gold, India, sees no stopping when it comes to buying gold jewellery as an investment. Each festivity, wedding, or birth marks an occasion to buy gold jewellery for gifting. The lustre for the yellow metal has grown exponentially every year for centuries reaching a point of becoming a religious belief, all over India.
There are many channels to buy gold jewellery, such as,
Buying gold jewellery through retail stores:
This trust in gold jewellery as an invest is misplaced on many occasions, purchasing overvalued impure precious metal from jewellers and retailers that claim complete returns.
- Low resale:These gold jewellery investments have loss of margin due to the high dealer premiums and the loss of making charges that are deductible upon resale.
- Higher jeweller’s premiums:The expenses of handling, displaying physical gold jewellery in stores add to the price of gold in stores in the form of jeweller’s premium, which is deductible upon resale.
- Lower quality gold:Making purchases through gold vendors who deal in 21karat and lower worth of pure gold, translates into alloys which have been added to increase the toughness of the metal.
- Higher cost for lesser weight of gold:When one opts for buying gold jewellery from retailers at lower karats, they end up paying the full price of the weight of jewellery in gold, receiving an only partial weight of gold.
Buy gold jewellery online: Bullion India Shop.
- Higher quality jewellery: Buying gold jewellery online through the Bullion India Shop has its added advantages. Firstly, the gold is BIS 916 hallmark would certify to a purity of 916 per 1000, that is 91.6%, translating into a 22karat purity of gold.
- Liquidity: The resale of this gold is highly possible and usually reimburses complete value for the weight of gold.
- Lower than market prices: When you buy gold jewellery online through the Bullion India Shop, there are lower dealer premium and zero brokerage that substantially increase the weight of gold purchased. Due to the online nature of the commerce the gold is priced below market rates at MCX spot prices this also translates into a larger quantity of gold for your money.
- No Account Fee and Brokerage: Bullion India shop offers free registration for an account to buy gold jewellery online.
- SIP (systematic investment plans): One can opt for a customizable SIP plan offered by Bullion India Shop, to avail easy instalment for the purchased quantity of gold, for as little as 1000rs a month.
- Sell Gold online: The Bullion India Shop allows one to sell purchased gold and silver as you buy gold jewellery online. One can also use previously purchased gold and silver to pay for new purchases.
- Delivery and storage: The Bullion India Shop offers doorstep delivery of purchased gold jewellery, along with the option of storing the same in secure vaults for safe keeping.
Buying gold jewellery is a trend that grows irrespective of the price of gold worldwide. By making the correct choice in investment one can save loads of money and buy gold jewellery as a strong asset for the future. The availability of a wide variety of gold jewellery to choose from at lower than market prices, Bullion India Shop is the one stop shop to buy gold jewellery online.