Indian Gold Coin 5 gram
Live Melt Value
$699.89
Gold content: 0.1606 oz (5.00g)
1 minutes ago
Specifications
Melt value by currency
Melt value by quantity
Compare with similar coins
| Coin | Gold content | Purity | Melt value |
|---|---|---|---|
| Indian Gold Coin 5 gram | 0.1606 oz | 99.9% | $699.89 |
| Saudi Guinea | 0.2354 oz | 91.7% | $1,025.87 |
| Indian Gold Sovereign | 0.2354 oz | 91.7% | $1,025.87 |
| Iraqi Gold Dinar | 0.2354 oz | 91.7% | $1,025.87 |
| Jordanian Gold Dinar | 0.2354 oz | 91.7% | $1,025.87 |
| Iranian Bahar Azadi | 0.2354 oz | 90.0% | $1,025.87 |
About the Indian Gold Coin 5 gram
The Indian Gold Coin 5 gram is a 99.9% pure gold coin (24K) produced by MMTC-PAMP in India since 2015-present. It contains 5.00g (0.1606 troy oz) of pure gold with a total weight of 5g. At today's spot price of $4,358.00/oz, the melt value is $699.89.
As a modern bullion coin, the Indian Gold Coin 5 gram is designed for gold investment and wealth preservation. It typically trades at a small premium (3-8%) above its melt value. The Indian Gold Coin series is one of the most widely recognized and traded gold coins worldwide.
The Indian Gold Coin 5 gram is minted in 99.99% pure gold (24K), making it one of the purest gold coins available. This high purity means softer metal โ handle with care to prevent scratches.
When buying a Indian Gold Coin 5 gram, expect a dealer premium of 3-8% above melt value. When selling, reputable dealers pay 96-99% of melt value. Compare offers from at least 3 dealers before selling.
How to buy and sell a Indian Gold Coin 5 gram
Buying
Purchase from reputable bullion dealers, banks, or government mints. Expect a premium of 3-8% above the melt value. Verify weight and purity before completing the purchase. Store in a safe or bank deposit box.
Selling
Sell to online bullion dealers for the best prices (96-99% of melt). Local coin shops offer 90-95%. Pawn shops offer the lowest at 80-90%. For rare coins, consider auction houses.
How much is a Indian Gold Coin 5 gram worth today?โพ
Based on today's gold spot price of $4,358.00/oz, a Indian Gold Coin 5 gram has a melt value of $699.89. Market price may include a dealer premium above melt.
What is the gold content of a Indian Gold Coin 5 gram?โพ
A Indian Gold Coin 5 gram contains 5.00g (0.1606 troy oz) of pure gold. Total weight is 5g at 99.9% purity (24K).
Is a Indian Gold Coin 5 gram a good investment?โพ
The Indian Gold Coin 5 gram contains 0.1606 oz of gold providing intrinsic value. Bullion coins trade near melt while historic coins may carry numismatic premiums.
How can I verify a Indian Gold Coin 5 gram is genuine?โพ
Check weight (5g), diameter (0mm), and thickness (0mm) with precision instruments. Gold is not magnetic โ a magnet test detects common fakes. For high-value coins, get PCGS or NGC certification.
Where is the best place to sell a Indian Gold Coin 5 gram?โพ
Online bullion dealers pay 96-99% of melt value. Local coin shops: 90-95%. Pawn shops: 80-90%. For rare specimens, auction houses may pay above melt. Always get multiple quotes.
How much does a Indian Gold Coin 5 gram weigh?โพ
A Indian Gold Coin 5 gram weighs 5g total. Of this, 5.00g (0.1606 troy oz) is pure gold. Diameter: 0mm, thickness: 0mm.