Enter the Web of Retail Trading in Physical Bullion

Print Edition: December 2012

Are you looking for an easy way to trade in gold and silver? BullionIndia.in could be the right platform. You can buy small quantities of the precious metals in physical format using this online trading platform for bullion.

Promoted by NCDEX Spot Exchange, RiddiSiddhi Bullions and Finkurve Financial Services, the online platform allows users to buy as less as 0.1 gram of gold and 1 gram of silver at prevailing wholesale rates.

You can register on the website for free, add funds to your account using online payment systems (electronic fund transfer, net banking and debit card) or cheques or demand drafts and start trading in the bullions. You do have to submit some documents to fulfil the Know Your Customer procedure.

The platform provides insurance and storage service without any brokerage or other charges. You can get the metals purchased by you delivered at your door-steps for a fee.

If your sole purpose is investment or even trading, you can also sell your holding using the platform without getting it delivered to you.

Though the platform does not charge any brokerage, it will retain 1% of profit booked by a user towards payment of value-added tax.

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