Gold Coins- A smart Investment Option For Women

According to a recent survey, more and more women are found to be the key   personalities while purchasing and making major family decisions. With an increase in the number of working women in the country, their disposable income is also on a rise. This gives the superwoman of today a better purchasing power and opens wider avenues for her to spend as well as invest. Gone are the days when every financial need was addressed by a man of the family. Today the matriarchal society speaks out loud on the investment front.

A decade ago, these decision makers of the household considered buying gold jewelery a smarter move, as gold has always been a proud asset that yields financial gains. But investing in gold in the form of 'jewelery' is now a story of the past. Buying, gifting and wearing gold jewelery may be an auspicious affair, but not a very favorable investment decision.

Gold when purchased in the form of jewelery is less pure and prone to damage involving wear and tear which depreciates its value. Moreover, it involves cost of high making charges and the jewelery may become out of fashion as and when newer designs flood the markets. Ornaments often contain additives likes stones etc which only increases the weight and not the value. Also liquidity is low , the wastage being high in jewelery. Gold due to its high liquidity is readily bought in the markets. However, gold jewelery has very few options as only selective jewelers buy it back as it yields a depreciated value.

Conversely, buying gold coins can be a smarter bargain. Gold coins are comparatively tensile and stay intact, so that their value would not lessen due to usage and wastage. They are available in the purest forms in the market, yielding profitable returns with the prices of gold rising high. Gold coin due to its standardization offers a larger platter of buyers to the seller when it is to be sold. Almost every dealer would want to purchase it at the market rate of gold at a given point of time.

For example, if a gold chain of 10gms and a 10gms coin was bought a year ago, the gold coin would yield more appreciation on liquidity as it is in the purest form, i.e. 24 Karat. Whereas, the gold chain which was bought at a higher price (including making charges) would yield the value for 22 or 23 karat purity of gold. Besides, the change in design trend and wastage due to wear n tear would also lessen the value of the jewelery.

As per our glorious Indian Tradition, even though it becomes mandatory for occasions like weddings and festivals to gift gold jewelery, our gen Y lady can now make a smarter move at such times by buying some amount of gold jewelery and a major chunk of gold coins. This gives equal justice to both the requirement of the moment as well as the motive for smart investment. Moreover coins can always be exchanged for buying jewelery as well as utilized for creating beautiful ornaments. So all you Gen Next Ladies, go ahead and make your Investment in the shining GOLD way more fruitful now by buying Gold Coins.

Gold taking center stage

Gold was stable in Europe on Tuesday morning, not straying too far from its Monday closing levels, with precious metals lacking both enthusiasm and definite short-term drivers.

Spot gold was up $2.10 to $1,722.50/1,723.30 per ounce. On the charts, the next resistance level is pegged at $1,740, while support stands at $1,721 and $1,715.

Among other precious metals, silver fell 13 cents to $33.53/33.57 per ounce - the metal reached its best since November 16 at $34.42 per ounce on Friday before consolidating lower along with the rest of the complex.

Platinum at $1,618/1,628 per ounce was down $3.50,

The Indian currency shot up to trade on Monday at 49.08 after hitting the high of 48.83 last week. The current value of rupee shows a rise of 8.23% from its lowest level in December.

Despite another postponed deadline in Greece, the dollar weakened against the euro on Tuesday, which sent precious metals rallying. The Greek Prime Minister’s meeting is being held so that the Prime Minster can obtain the political support for the austerity measures that would ensure cooperation from international creditors. Perhaps the optimism was owing to reports that the ECB was willing to contribute to a restructuring of Greek debt. However, this is subject to a successful conclusion to the current debt restructuring negotiations.

Being an election year in the U.S., it is not altogether unusual for indicators to be received in positive fashion. Historically, with few exceptions, the modern economy has performed well during election years. Yet what steers the boat has less to do with the performance during elections years than it does with common sense. The fiscal policies have been repetitive and aimed at sparking the engine, yet it must eventually run on its own accord. Market and fiscal trends are apt to change, sometimes violently.

Fiat currencies makes hard asset commodities, such as oil, gasoline and food cost ore as a result. On the other hand, gold benefits as it is held as a store of value. As other investments get punished, consumers become fearful and the prospect of business growth slows, gold is likely to take center stage

There is still no agreement on a restructuring of government bonds - and the euro zone will continue to cast a cloud over sentiment. Greece has postponed a decision on accepting new terms for a fresh bailout until today

In the current market environment, easing inflationary pressures could – contrary to conventional wisdom – turn out to be supportive for gold as it would open the door for further monetary easing in China