Can I buy gold bullion in India?

Can I buy gold bullion in India?

What are the viable ways to purchase gold coins? You can go to gold jewellers, bullion traders, e-tailers, the Stock Holding Corporation of India, MMTC, a few non-banking financial companies, and banks to buy gold coins in India.

How can I buy silver bullion in India?

Silver bullions can be purchased from banks, jewellers and online agents in India. Banks typically charge higher rates compared to jewellers, this is on account of purity checks and assurance provided by them.

Do banks sell gold bullion?

While there are banks that do sell gold, the selection of assets for purchase are often limited to a select assortment of gold coins. Nowadays, fewer and fewer banks actually hold physical gold that they’re willing to sell over the counter.

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Which is the best place to buy gold in India?

Pure gold in 24 carat can be obtained online via various banks. Banks like ICICI, HDFC, Axis Bank etc. offer customers an option to procure gold online. Customers just need to login to their online banking accounts, place the order for buying gold and then visit the nearest bank branch to receive their gold coin.

What is the price of 1 kg silver in India?

Silver Rate Today in India (in Rs/1 gm)

Silver Rate Silver Rate In Bangalore Silver Rate In Hyderabad
1 gram 62.30 65.90
10 gram 623 659
100 gram 6230 6590
1 Kg 62300.00 65900.00

What is bullion trading in India?

Dec 23, 2017 01:12 IST India Infoline News Service. A bullion market is a market where traders trade in precious metals like gold and silver. A bullion market is a place where exchanges of gold and silver take place over the counter and in the futures market. Trading in bullions market is open 24 hours.

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How to buy and sell gold and silver in India?

It provides an online system to buy and sell Gold and Silver to retail customers in smaller denominations at a wholesale price in an easy, simple and a convenient manner. The retail customers can buy/sell gold and silver on daily basis at live prices displayed on the platform provided by Bullion India.

What is bullion India?

Bullion India, is a platform where you can purchase physical bullion (Gold / Silver) in smaller denominations and online. The Gold / Silver, purchased from Bullion India can be used to shop for coins, bars and jewelry on the website or at any empanelled jeweler across India.

What can I do with the gold / silver I buy?

The Gold / Silver, purchased from Bullion India can be used to shop for coins, bars and jewelry on the website or at any empanelled jeweler across India. Customers can also sell the bullion (bought from us) in a secured and convenient manner back to Bullion India.

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Is it safe to buy bullion online in India?

Not only are the prices competitive but also you get good deals and cashbacks from many websites. It is totally safe to buy bullion online, if you doubt it,maybe order a 10 Gram Silver bullion (appx ₹400–500) and get it checked at a shop.