Samuel inaugurates Post Office Gold Festival

Excelsior Correspondent
JAMMU, Nov 6: Chief Postmaster General, J&K Circle John Samuel inaugurated ‘Post Office Gold Festival’ in an impressive function held at Gandhinagar Head Post Office here today.
While addressing gathering Sh. John Samuel said that during current festive season, India Post provides a special discount of 7 % to every customer. This is a good opportunity for everyone in J&K to consider investment in gold coins. For those working in defence services, a special discount of 8 % is given during the festive season.
India Post Gold sale is available at Jammu Tawi HPO, Gandhinagar HPO,Srinagar GPO, Leh HPO, Udhampur HO, Kathua HO, Baramulla HO, Anantnag HO, Rajouri HO, Miran Sahib Post office, Janipur Post Office, Jawahar Nagar (Srinagar) Post Office, RS Pura Post Office, Jammu Market Post Office, Jammu Cantt. Post Office & Vinayak Bazar Post Office. India Post Gold Coins are 24 carat with 99.99 % purity while as those available in market are 99.5 % pure. These coins are made from Valacambi in Switzerland and they are packed in tamper proof packages. The coins are available in various denominations 0.5 gm, 1 gm, 2 gm, 5 gm, 8 gm, 10 gm, 20 gm and 50 gm. With lower denominations of Gold Coins, India Post taps a wider customer base. The customers redeeming their Postal Fixed deposits can find gold Coins as an excellent investment option.
Mr Samuel announced that the Specified Post Offices shall remain open on 11.11.2012 (Sunday) on the occasion of “DHANTERAS”
Customers are mostly concerned about the reliability, purity, and packaging of gold coins when they buy these from a local jeweler. Gold Coins from India Post are branded, pure, internationally certified, affordable, reliable, available off the shelf, at a convenient location, anytime during the year and in lower denominations as well.
Gold coins can used to appreciate for an achievement, gifting purpose on occasions like birth of a new born, wedding occasions especially lower denomination, as a motivation to achieve a particular goal, as a souvenir on anniversaries, birthdays. In the last few years, the price of Gold has been appreciating by more than 39 % p.a. on an average. Considering the return of investments of various deposits, the return from Gold is definitely high.

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