India Post Gold Coin – an Excellent Investment Option

                Gold is one of the most precious metals ever mined, an efficient store of value, a sign of credibility, offers high security, liquidity, acts as a hedge against inflation and acts as instrument of long term investment. Pure gold does not rust, tarnish or corrode, can be melted or shaped into almost any design. Gold Coins are a true investment avenue as 10% of savings is recommended to be in gold since Gold retains its value over time and is least prone to risks.

                Gold coins can be used to appreciate for an achievement, gifting purpose on occasions like birth of a new born, wedding occasions especially lower denomination, as a motivation to achieve a particular goal, as a souvenir on anniversaries, birthdays.

                Customers are mostly concerned about the reliability, purity, and packaging of gold coins when they buy these from a local jeweler. Gold Coins from India Post are branded, pure, internationally certified, affordable, reliable, available off the shelf, at a convenient location, anytime of the year and in lower denominations. By selling of branded pure Gold Coins India Post will support and strengthen the customer outlook of a modern India Post Office. High network of Post Offices adds to convenience and easy availability besides huge customer credibility for India Post cuts across all sections of the society. India Post Gold Coins are available with standardized pricing across India.

                In the last few years, the price of Gold has been appreciating by more than 39% p.a. on an average. Considering the return of investments of various deposits, the return from Gold is definitely high. This is one of the reasons why Post Office has started India Post Gold Coin Service. Further, India Post Gold Coins are available in small denominations like 0.5 g and 1 g so that even small investors can consider Gold as an option of investment.

                During the current festive season, India Post is providing a special discount of 7% to every customer. This is a good opportunity for everyone in J&K to consider investment in Gold Coins. Those working in defence services,  a discount of 8 % is given during the festive season.  As a part of this festive season, 11, November 2012 is celebrated as Dhanteras, one of the auspicious days according to Hindu religion. On that day God of wealth, Kuber/Laxmi is worshipped and purchasing of Gold and like things is termed as auspicious.

                India Post Gold Coin Service is available at Srinagar GPO, Jawahar Nagar PO, Leh HO, Leh City SO, Jammu Tawi HO, Viniak Bazar SO, Jammu Market MDG, Rajouri HO, Udhampur HO, Baramulla HO. India Post Gold Coins are 24 carat with 99.99 % purity while as those available in market are 99.5 % pure. These coins are made from Valacambi in Switzerland and they are packed in tamper proof packages. The coins are available in various denominations 0.5 gm, 1 gm, 2 gm, 5 gm, 8 gm, 10 gm, 20 gm and 50 gm. With lower denominations of Gold Coins, India Post taps a wider customer base. The customers redeeming their NSC/ KVP/ Postal Fixed deposits can find Gold Coins as an excellent investment option.

Tremendous Gold Growth…

10 Gms of GOLD PRICE History for The Last 86 yrs

Year	Price		Year	Price		Year	Price		Year	Price
1925	Rs.18.75		1947	Rs.88.62		1969	Rs.176.00		1991	Rs.3,466.00
1926	Rs.18.43		1948	Rs.95.87		1970	Rs.184.50		1992	Rs.4,334.00
1927	Rs.18.37		1949	Rs.94.17		1971	Rs.193.00		1993	Rs.4,140.00
1928	Rs.18.37		1950	Rs.99.18		1972	Rs.202.00		1994	Rs.4,598.00
1929	Rs.18.43		1951	Rs.98.05		1973	Rs.278.50		1995	Rs.4,680.00
1930	Rs.18.05		1952	Rs.76.81		1974	Rs.506.00		1996	Rs.5,160.00
1931	Rs.18.18		1953	Rs.73.06		1975	Rs.540.00		1997	Rs.4,725.00
1932	Rs.23.06		1954	Rs.77.75		1976	Rs.432.00		1998	Rs.4,045.00
1933	Rs.24.05		1955	Rs.79.18		1977	Rs.486.00		1999	Rs.4,234.00
1934	Rs.28.81		1956	Rs.90.81		1978	Rs.685.00		2000	Rs.4,400.00
1935	Rs.30.81		1957	Rs.90.62		1979	Rs.937.00		2001	Rs.4,300.00
1936	Rs.29.81		1958	Rs.95.38		1980	Rs.1,330.00		2002	Rs.4,990.00
1937	Rs.30.18		1959	Rs.102.56		1981	Rs.1,800.00		2003	Rs.5,600.00
1938	Rs.29.93		1960	Rs.111.87		1982	Rs.1,645.00		2004	Rs.5,850.00
1939	Rs.31.74		1961	Rs.119.35		1983	Rs.1,800.00		2005	Rs.7,000.00
1940	Rs.36.04		1962	Rs.119.75		1984	Rs.1,970.00		2006	Rs.8,400.00
1941	Rs.37.43		1963	Rs.97.00		1985	Rs.2,130.00		2007	Rs.10,800.00
1942	Rs.44.05		1964	Rs.63.25		1986	Rs.2,140.00		2008	Rs.12,500.00
1943	Rs.51.05		1965	Rs.71.75		1987	Rs.2,570.00		2009	Rs.14,500.00
1944	Rs.52.93		1966	Rs.83.75		1988	Rs.3,130.00		2010	Rs.18,500.00
1945	Rs.62.00		1967	Rs.102.50		1989	Rs.3,140.00		2011	Rs.26,400.00
1946	Rs.83.87		1968	Rs.162.00		1990	Rs.3,200.00		2012	Rs.34,495.00

Given above is year wise Price of Gold in India in last 88 years. In the initial period, the price of gold was around Rs. 18.75 per 10 gm of gold. Now it reaches to value of Rs. 34,495 per 10 gm of Gold. It’s a huge rise in price of Gold. Investing in Gold  most probably will not disappoint you.                                                                      (PIB Features)