Gold Coins and Bars
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Senco provides gold coins and bars for those interested in owning physical forms of the precious metal. Their gold coins come in various designs and sizes to appeal to different buyers. Investors seeking pure gold also offer standard gold bars of multiple weights. Whether you prefer the iconic look of renowned gold coins or the simplicity of basic gold bars, Senco aims to satisfy you with quality gold products.
Please note, all rates mentioned below are subject to fluctuations as per current gold rates. Please refer to the individual product pages for the current prices.
The daily prices of gold coins in India fluctuate according to the country's live gold rates, similar to other gold items. Domestic gold prices are primarily driven by global rates set via trading in commodity markets and factors like Rupee values, Indian gold demand, and economic conditions.
Senco Gold offers certified 24K gold coins starting from approx. ₹7,000, making gold investment affordable even for those with limited budgets. Their wide gold coin selection goes up to approx. ₹77,000, allowing customers to invest as per their financial capabilities and goals.
Additionally, prices vary depending on coins' weights (grams) and whether they are regular or collector edition coins. Standard gold coins usually have lower premium costs than special numismatic coins. Hence it's crucial to check gold coin price today plus vendor premiums to accurately gauge the full prices of certain gold coin options in India. This clarifies the coins' worth for Indian buyers exploring the gold coin market.
Senco Gold offers gold bars ranging from ₹7,000 to ₹1,60,000, catering to small and big investors. All its products are BIS hallmarked, and you are assured of certified 24K pure gold. Senco provides a buyback guarantee so that you can sell back your gold bars to them anytime at current market rates, less a small making charge.
They also offer easy lifetime product maintenance. With their 7-day return policy and secure online payment methods, Senco makes buying gold bars reliable. Overall, Senco aims to make gold bar investment simple and hassle-free for customers.
The main benefits of buying gold coin online are:
1. Convenience
Buying gold coins online is very convenient compared to physical stores. You can browse prices and designs of coins at various online sellers easily from the comfort of your home, anytime you want. This saves time and effort.
2. Price Transparency
Online gold coin sellers offer complete price transparency on the rate per gram of gold. You can compare gold bar rates across sellers to find the best deal based on current market rates. This level of price visibility is difficult in offline stores.
3. Secure Payment
Reputable online gold retailers offer secure digital payment options like netbanking, credit cards, Google/Apple Pay, etc. This gives buyers safety, freedom from carrying cash, and instant payment confirmation.
4. Buyback Guarantee
Many online sellers offer a buyback guarantee if you wish to sell back the purchased gold coins at prevailing market rates later. This provides flexibility to exit your investment conveniently.
5. Certified Quality
Premium online stores sell gold from certified and hallmarked merchants, so buyers get 100% genuine 24-carat coins meeting high-quality standards. Each coin features markings certifying its precious metal purity.
Here are the different types of gold coins and bars offered by Senco:
For those looking to start small, Senco offers 24K 1 gram 999.9 pure gold coins starting approx. ₹7,500 only. These carry certifications for purity.
Next come the 24K, 2 gram 999.9 pure gold coins starting approx. ₹15,000, catering to investors wanting a bigger coin. These also come certified for exact gold content.
Senco offers 24K, 1g 999 pure gold bars starting approx. ₹7,500, making it easy to switch between coins and bars seamlessly.
For bigger quantity purchases, they offer 24K, 5 g 999.9 pure gold bars starting approx. ₹39,000 and 24K, 10 g 999.9 pure gold bars starting approx. ₹77,000.
Large volume investors can buy the 24K, 20g 999 pure gold bar, starting approx. ₹1,55,000 from Senco.
Collectors might be interested in the beautifully embossed 10g Laxmi, 24k (995) Yellow Gold Precious Coin or a regal-looking Maharaj's Glory Gold Coin.
Where to buy gold coins online?
There are many reputable e-retailers offering gold coins for online purchase. Senco Gold is one of the best places to buy gold coins online in India. They have a wide range of certified gold coins from reputed mints like.
What carat is mainly used for making gold coins and bars?
The primary purity standard for manufacturing gold coins and bars is 24 carat, also called 999 or 999.9 purity. This ensures complete gold content without dilution from other metals, allowing investors to reap maximum resale value.
Why should I invest in gold coins?
Gold coins make for a good investment option as they provide stable returns hedged against inflation and long-term economic crashes. Some added benefits of investing in gold are easy storage, no making charges on resale to reputed jewellers, no capital gains tax if sold after three years, and no risks attached to paper investments.
Are Senco gold coins and bars certified?
Yes, all the gold coins and bars sold by Senco are certified for purity and quality. Senco provides a five-star promise to customers that guarantees all their products go through multiple quality checks. The purity of their 24K gold coins and bars is verified through BIS hallmarking in approved government assays to be 999 and 999.9 grade.
What is the gold bar rate for reselling?
The rate one can expect when reselling gold bars depends on the prevailing market rates at the time of sale. However, reputed gold retailers generally offer to buy back certified gold bars at rates linked to the daily bullion market price minus a nominal difference of 2-4% as making and transaction charges.