Indian Gold Coin

Those who desire liquidity should opt for a gold ETF having low expense ratio and high volume

Demand for gold jewelry, coins and bars typically peaks in the world's second-biggest consumer over October to December, driven by festivals including Diwali

Guaranteed purity, hallmarking and standardisation are likely to increase the consumer appetite for Indian Gold Coin, with 85 per cent respondents saying the government's backing made it extremely relevant, World Gold Council said in a report here. Among respondents, 87 per cent said guaranteed purity was extremely relevant to them, with 85 per cent stating that national manufacture and the government backing were relevant, according to the report 'India's gold investment evolution, Indian Gold Coin: An introduction to branded gold coins'. The hallmarking and the standardisation of the coin scored highly too, with 84 per cent citing them as relevant. Survey was carried out among respondents aged between 25 to 60 years from socio-economic groups including professionals, businessmen and women and housewives in eight top Indian cities. Everyone surveyed was a financial decision-maker. Six features of the Indian Gold Coin are 24 carat purity, hallmarked by the Bureau of Indian ...