Hi Friends, I wanted to buy Gold Biscuits or Gold coins in India to bring to USA. 1.Could you please suggest some reputed sellers ? 2.Or is there a website from where I can buy good quality gold ? 3.Does it vary from seller to seller ? Like quality wise ? 4. Would it be safe to buy from a local gold shop known for many years ? 5. How to ensure the gold is pure and the seller is not cheating? 6. Do banks sell gold biscuits? What documents would they need for me to provide? 7. Is it safe to buy at a bank? 8. Can Indian bought gold coins or biscuits be sold in USA? Finally, is it allowed to carry them while travel ? Thansk
Right time to invest in next few weeks in Gold. The prices will shoot in next 1-2 quarters. Kalyan Jewellers,Khazana, Dhavanam,Malbar ..Any reputed brand in your city. Some how, I don't prefer Reliance brand. The 99.9% purity certificate is very much required now a days. There was lot of news, that singapore impurity gold is coming on the way to India. Banks will sell Swiss gold, which is very good to Buy. The price will vary 3-4% higher side compared to Gold shops. Major shops will have gold purity checking machines inside the shops. You can check while Buying it self. There is limit to carry non ornament Gold from India to Abroad . you can check them out . Best of luck. Thanks
Hi Sunita, Thanks for your reply. Could you please tell me what is the Hallmark sign ? Does "certificate of purity" mean that the seller should give me a certificate stating all the details or will the Gold Bar come enclosed with all such details. Also do you know what is "Assay Certification"? Thanks.
When your personal wealth(Gold, Diamond, Currency, Travelers Cheques, electronics) exceeds 10000 USD , You need to declare in Customs while leaving . You can check in RBI FAQ page.
