Every people should be careful before buying any gold and silver bars, one needs to check merchant credibility. The bars can either be bought online or through a bank or any other financial institution.
How to buy Gold Bars in India?
Gold Bars are a compact way to carry a large amount of money. These bars take up little room and are stackable. They are not only used by every bank for reserving wealth but also by large investors for trading.
Gold bars are called Ingots. Making ingots involves pouring gold into moulds. Every Gold and Silver Bar has its weight, size, manufacturer and registration number stamped onto it. It comes with a Certificate of the Assayer. They are classified into two types – Cast and Mint; based on their method of manufacturing.
Different ways of buying gold –
Deciding how much money to invest in Gold.
Figure out where you will store it once purchased.
Choosing the type of Gold Bar to buy.
Extensive Research on the Gold
Find the appropriate Dealer.
Buying the Gold
Store the Gold safely
Buying Gold and Silver online-
There are many online websites which provide Gold and Silver Bars: Bullion India, Jindal Bullion, CMI and other financial institutions.
www.jindalbullion.com is an ’ Online Retail Store’ owned by Jindal Bullion ltd. They are one of the leading manufacturers, exporters and suppliers for all kinds of gold and diamond jewelry in Delhi, India . The products offered here are of the finest quality raw material and are 100% hallmarked.
Jindal Bullion sells Silver, Gold and Diamond products ranging from bars rounds & coins. Their website also gives its consumers , the option of observing, live prices of Gold & Silver in the market. They deal in Gold and Silver products of well reputed suppliers like PAMP, UBS, Credit Suisse, Perth and Mint etc. Here customers can buy Silver Bars- Online, Silver Bullion Coins, Gold Bullion Bars and more.
Categories of Gold Bars:
London Good Delivery (LGD) -The standard ‘Gold Bar’ held by London Good Delivery (LGD) is the 400-troy-ounce Gold Bar; commonly, referred to as the “400-oz’ or 12.5 kg bar. Minimum Gold purity is 99.5% Comex 100 oz bars
Buying Gold Bars as Investments –Like investment vehicles, Gold Bars are gaining in popularity because these Bars carry the lowest premiums in comparison to Gold Bullion Coins. Truly, these Bars are an exciting way to invest in Gold. A huge amount of wealth can be stored and concealed in Gold Bars. Gold Bars are of different types –