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1) Joyalukkas has 5% MC , Tanishq has 8% MC 2) I haven’t yet sold 916 jeweller gold coins 3) I would like to know this 4) 3% gst is standard for gold 5) I expect to sell for cash I am not sure whether I can buy 916 jeweller coins or 999 bullion gold coins for selling only for emergency...

@thanixravindran Thanks for taking time out and responding with Knowledge on 22ct and 24ct I have experience buying 24 ct 999.9 pure MMTC PAMP coins and selling it back in MMTC stores . but the buy-sell spread is bit not likeable in their official store I am wondering, whether would pawn...

@WhoU Thanks for responding esp on the math part. I am not into sgb due to three reasons 1) lock-in for 8 yrs and secondary market is not for simple guys like me 2) we won’t get gold at the end of lock in period and forced to sell off 3) sgb report capital gains as it’s a government product...

Thanks BLK. i will pay attention to that while buying gold coins. I am interested to know what purity 916/999 to buy as physical coin/bar for emergency selling purchase .

Hello All, I have read all posts regarding gold but couldn’t get clear picture about gold investment. This is my first post here, so please be kind 😀 I am a very simple person who buys 916 joyalukkas , Malabar gold coins during sales and keep it as emergency or pass it on as generation wealth...