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