Buy rate, sell rate, and why they are different
The gap between the two numbers on your screen is called the spread. Here is what it is and how to think about it.
If you redeem physical gold, these are the markings that matter and the questions worth asking.
Physical gold is where purity claims meet reality. Fortunately, India has a marking system that makes checking straightforward.
A hallmark is a certification from the Bureau of Indian Standards that the item has been tested at a recognised centre and meets the stated purity. On a 24K coin you should see the purity mark for 999 fineness alongside the BIS mark.
The Hallmark Unique Identification is a six-character alphanumeric code assigned to a hallmarked item, allowing it to be traced back to the testing centre and the jeweller. Where it applies, it should be present and legible.
Report it within the window stated in the refund policy, with photographs of the unopened package where the seal was broken. Damaged or wrong-specification items are replaced or refunded.
From ₹10 a day. No lock-in.