r/GoldIndia

I want to buy Paper Gold - which will not really import the Gold (and thus would NOT go against Modi's advice).

So what is the best way to do it? Mutual Fund? ETF?

It would be very helpful to me (and to others), if someone can summarize Gold buying options in India, which are safe of course.

Hi,

Did anyone get their Muthoot exim gold coins ordered on May 13th through Ajio?

It was supposed to be delivered on May 17th, then it changed to May 20th, then May 23rd, and now it just says "Delayed" with no specific date.

I emailed Ajio customer care and Grievance, and they said its shipped, but Bluedart's page says "Pickup employee is out for P/U shipment."

It has been over ten days now, and any suggestions would be greatly appreciated.

After a 10-day wait, my Ajio order shipped on May 20 and finally arrived today ✅
All codes matched perfectly. just received them

Locked in the last best price before the hike: ₹80,364. 3 coins, 2 lotus bars- 25 grms

Maxed out the UPI discount (₹1,750 × 5 orders, ) — total 5 transactions to optimize savings.

Huge thanks to this sub — you all are amazing 💙

https://preview.redd.it/stzgq03ako2h1.jpg?width=871&format=pjpg&auto=webp&s=ae49536809208173ddda38b4de94aea73d63aa72

https://preview.redd.it/dmci167hko2h1.jpg?width=355&format=pjpg&auto=webp&s=f4f36a71bc9f11f1dde3115240b280605ea89e1b

Okay So i see a lot of people posting about their gold purchases from Bhima with 0%VA. Now I am based out of Delhi so we don't have any Bhima store here. I want to understand what is making people buy gold in this economy that too online. Is buying physical gold online safe.? What is the benefit of coins over jewellery or vice versa. Just an open ended discussion

Idk if this right place but please hear me out, So i was thinking of buying a pure gold pandant or ring under 1-2gm 14k to 18k gold purity. I am facing some issues as i am hearing buying gold online is safe now and they give good deal. Should i buy now or wait a bit like later in the year?

It will be kinda mix i want it to be a good investment as well as a life time a lightweight jewellary which i can enjoy daily.

It will be my first gold purchase please give all the insights.

I know that under 1-2 gram are not great investment but still.

The brands i am looking at :- caratlane,tanishq,kisna,malabar.

If you know other brands let me know

Budget under 20000.

Please help.

Many investors today check the MCX gold price, open an online platform, and assume that is the best available price for physical gold. In reality, the physical gold market and the futures market do not always move in perfect sync.

Today, I checked gold rates across multiple bullion dealers and jewellery shops in different locations and found physical gold trading at roughly ₹6,500 per 10 grams below the equivalent MCX price. I also purchased gold myself after comparing the rates.

This is an important point that many newer investors may not be aware of. MCX is a futures exchange. The price quoted on MCX reflects futures contracts, whereas the price of physical gold depends on local demand and supply, dealer inventories, premiums or discounts, logistics costs, and overall market conditions.

Over the last few years, many of us have become comfortable buying everything online. We compare prices on apps, pay with credit cards, earn reward points, and complete transactions in a few minutes. While that convenience is valuable, physical gold is one category where spending a little time on price discovery can make a meaningful difference.

Before buying gold online, consider visiting a few reputable bullion dealers in your city and asking for their final all-inclusive rate. Compare those rates with online prices and with the MCX price before making a decision.

The key takeaway is simple: MCX is an important market indicator, but it is not always the price at which physical gold is available in your local market.

A quick comparison across a few dealers can potentially save thousands of rupees on a 10-gram purchase.

For the next few weeks, it may be time to change the game. Instead of relying solely on MCX charts and online platforms, spend some time checking physical market rates. In markets like these, a little legwork can be more valuable than a few clicks on an app.

Request to Admins: Please pin this post. Many new investors are buying gold at wrong price.