need guidance on buying (online) and selling (offline) physical gold/silver

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Deal Subedar
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24k Gold 999 or 995 will do as price difference is 40/gm when I sold during last sale
Silver should be 999

Price calculated for 1gm gold is 3850*Purity (.995) in my case

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Deal Lieutenant
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panchabhut wrote:

gold ETF are mutual finds that buy physical gold. gold mutual funds are one that buy gold ETF.
both are traded in secondary market. in addition, you can also sell back gold mutual funds to the original issuer.
but there is definitely no liquidity issue with gold ETF.

Among the three only Nippon India Gold ETF has good volumes. Because ETFs are not so popular among Indians, liquidity issue will be there. Just buy and sell 100 units price ll fluctuate like 100-150₹. It’s bad. Nippon ETF is least susceptible to these changes. 🙂https://cdn0.desidime.com/attachments/photos/594485/original/Screenshot_20191111-060923.png?1573433054https://cdn0.desidime.com/attachments/photos/594486/original/Screenshot_20191111-061036.png?1573433069https://cdn0.desidime.com/attachments/photos/594487/original/Screenshot_20191111-061036.png?1573433098


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