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Featured  Muthoot Gold Bullion Corporation Metal 24k (999.9) Yellow Gold- 2 Gm + 10% off via HDFC Bank5 Cards

Muthoot Gold Bullion Corporation Metal 24k (999.9) Yellow Gold- 2 Gm + 10% off via HDFC Bank5 Cards

1510°
9774
22% OFF 12500.0
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https://www.amazon.in/Muthoot-Gold-Bullion-Corp...
Muthoot Gold Bullion Corporation Metal 24k (999.9) Yellow Gold Bodhi Tree Pendant For Girls – 2 Gm

Prime Savings :
1. Flat Rs.500 Instant Discount with HDFC Bank Debit Cards (Non-EMI) on Minimum puchase of Rs.5000. For Prime customers only

2. 10% Instant Discount up to Rs.1250 with HDFC Bank Credit Cards (Non-EMI) on Minimum puchase of Rs.5000. For Prime customers only

More Gold Pendants
https://www.amazon.in/s?k=24k+%28999%29+Yellow+...

Candere By Kalyan Jewellers
1.30 Gms 24k (999) Yellow Gold Swastik gold coin
https://www.amazon.in/Candere-Kalyan-Jewellers-...

Muthoot Gold Bullion Corporation
Metal 24 kt (999.9) Goddess Lakshmi Gold Pendant
https://www.amazon.in/Muthoot-Gold-Bullion-Corp...

MMTC-PAMP
Lotus 24k (999.9) 1 gm Gold Coin
https://www.amazon.in/MMTC-PAMP-Lotus-999-9-Gol...

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61 Comments  |  
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Cool Cool
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how 9610?

Deal Lieutenant Deal Lieutenant
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I think better price on coins through flipkart

Deal Subedar Deal Subedar
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Same price on Flipkart

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Deal Cadet Deal Cadet
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its 9774 after card discount

Beacon Beacon
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Can we sell these coins offline?

Deal Subedar Deal Subedar
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Yes you get the same price as on mcx

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Deal Newbie Deal Newbie
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Please someone tell who has experience in buying and selling gold coins

Deal Cadet Deal Cadet
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redeemed one of the muthoot 24k gold coin / pendent at Tanishq while purchasing jewellery. no issues faced

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Deal Subedar Deal Subedar
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Good deal

Pro Shopping Friend Pro Shopping Friend
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good price with hdfc CC

Deal Newbie Deal Newbie
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I am no expert however I would like to share how things have worked for me in Gold coin trades.

Usually, I would purchase Gold coins to sell them soon after getting delivery, hence thinking of it as a trade, where we get out of a holding as soon as we find fit, rather than investment, where we sit tight and let the asset’s price appreciate.

Assuming 10 grams of gold is priced at 50000 INR in the market (not MCX as there is usually a gap between the two, the market price being higher more often than not), I’ll try to calculate two things: how much over 50000 I have to pay to get the gold and how much I’ll get when I sell it off.

Mostly, Gold coins from various brands are priced 8 to 13% over the market price on online portals. Also, while you are selling it, various buyers will deduct a varying amount and you’ll get anywhere between 3 to 10% less than the market price in the case of 24 Carat. This deduction may be more than that for items with 22 carats or less purity.

So you will be paying around 54000 to 56500 and you’ll get 45000 to 48500 – roughly.

Now, is the discount we are getting covering this gap – is a good question to ask. At times when we can combine offers or once in a while when they price it 3 to 5% over market price like it used to be 4 – 5 years ago, it’s a different ball game.

PS. I have considered my trading intention here. A different perspective may need a different set of calculations. I haven’t included the details like which brand, where to sell/where I sell, taxes, and why deductions for simplicity. On MCX, trades are done in lots, taking minimum tradable amount into lakhs unless you go for options, as far as I know.

Deal Lieutenant Deal Lieutenant
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do we get 5% smartbuy cashback for this?

Deal Cadet Deal Cadet
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Flipkart seems to be better as it’s giving discount on coins/bars. In Az, on 2gm BRPL bar/coin, no discount even if it’s priced same as Flipkart. On 2gm pendant, 10% available, but it’s priced 300+ more already.

Deal Cadet Deal Cadet
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Malabar gold coin in Flipkart is cheaper.

Deal Cadet Deal Cadet
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Worth for buy today and sell on delivery??

Deal Lieutenant Deal Lieutenant
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Check flipkart bro, with icici card it is coming cheaper

Comrade Comrade
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Now bank offer is removed

Deal Subedar Deal Subedar
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There is no deal in this as the price is almost 4835/- per gram and the market price is just 4900/- approx. Not a good deal unless anyone planning to buy gold anyway. BTW bank offer is not removed. It is still applying instant discount

Deal Cadet Deal Cadet
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Depends bro…. Let’s say, you buy 1gm of physical gold at 4900 at a store. 3% gst adds up to that, so you actually pay 5047. If you have purchased it for wearing it’s fine. But if you wish to sell it, you have to shell out another 3% as gst & the selling price is always lesser than the buying price.
And if you purchase this way, you are getting it at 4835 including gst. And let’s say you sell it the same way, atleast you can save that 3% while buying. And, if you accumulate the coins this way, you can easily exchange them with the jewellery in the future.
So, the benefits of buying such deals for me.
1. Saving of atleast 3%.
2. Can purchase using credit cards ( In most of the jewellery stores, they charge 1-2% extra for CCs).
3. CC rewards & rewards for paying that bill which is another 2%. (I never miss such deals when there’s a combo of Amazon & Simply Click).
So, I always look for such deals in sales if there is no any pending appliance purchase.
VU+ KG+

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Deal Cadet Deal Cadet
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Thanks , got @ 9529 2g 24k BRFL from Flipkart with ICICI credit card offer

Deal Baba Deal Baba
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Product Link please

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Deal Newbie Deal Newbie
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I took bhima gold coin in Flipkart 22 KT 2g @ 8709 effectively 4355rs per gm…today 22kt gold coin market price is 4480 and if I want to buy coin in gold shop then min 2-3 percent making charges and 3 percent gst..selling is problem as many shops won’t accept other brand coins and even if they accept they will deduct 80rs but they will accept the coins
without any deduction if you are buying jewellery from them

Deal Lieutenant Deal Lieutenant
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Just beware of bhima bro, recently intriednto exchange them for gold andngave about 10 coins and only bhima coins were less in weight

Deal Cadet Deal Cadet
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Anyone facing delivery issues? I am not getting delivery anywhere in delhi for any of the coins

Deal Cadet Deal Cadet
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Bought it today for
10694 – 1069 = 9624 10% HDFC CC
9624 – 200=9424
200 Fashion coupon.

Also,will get 5% back from Smartbuy. So less than 4500/gm.

Deal Subedar Deal Subedar
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Sorry to change ur calculation but as per smartbuy t&c jwellery and gold is excluded…

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Deal Cadet Deal Cadet
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Got 5% for this transaction as well. Will update proof soon.

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