By Admin 
Gold Investment Tips: Buying gold in India has completely become an investment. The way the prices of gold are rising day by day, it is now difficult to buy it for wearing. In such a situation, people are buying gold coins and bars and using them as investment. So let us tell you whether it is right to buy gold coins or is it beneficial to buy bars.
Why are customers buying more coins and bars than jewellery?
These days, customers are showing more interest in gold coins and gold bars than gold jewellery. Speaking to Reuters, WGC India Chief Executive Sachin Jain said, ‘For the first time, the demand for investment has exceeded the demand for jewellery. Investment demand will become even higher in the coming quarters, as both financial and retail investors are showing more interest in gold.
What do WGC figures say?
According to WGC data, investment demand in the March quarter has seen an increase of 52% compared to last year. Now this demand has reached 82 metric tons. In contrast, the demand for jewelery declined by 19.5% and stood at 66 tonnes. Despite this difference, total gold consumption in India has increased by 10.2% to 151 metric tonnes. This shows that people are now buying gold only for investment.
Jewellery, coins or bars, know what to buy
If you are still not able to understand what you should buy, then let us tell you which of these three will you buy which will be beneficial.
gold coins
If you are thinking of making a small or medium investment, gold coins will also be available in 24 carat. In such a situation, you can buy them and selling them will also be easy. Besides, their price will also increase with time.
gold bars
If you want to invest a large amount then it is best that you invest in gold bars. Because there is no making charge on it. In such a situation, it would be good for you to invest in it.
gold jewelry
There is a making charge on gold jewellery, so if you want to buy gold to wear then you can buy it. But if you are buying jewelery for investment purpose then it is not a good idea at all.