5 Gram 24K Gold Coin

The 5 gram 24K gold coin is one of the most widely stocked sizes in India. It contains 5 g of gold, about 0.161 troy ounces, and is sold by almost every jeweller and refiner that offers coins. Purity is 995, 999 or 999.9 depending on the brand, and the design is the seller’s own, from plain coins to motifs such as Lakshmi or a banyan tree.

Because the coins differ in design but not in what matters for value, metalsradar lists offers for the same weight and purity together, so you can see which seller asks the least today.

Plain or decorated: does the design change the price?

The gold content is set by weight and fineness, not by the picture on the coin. A more detailed design can come with a different making charge, though, and that shows up in the price. If you are buying for value, compare the plain options first. If the design matters to you, for example for a puja or a gift, use the list to see how much extra a particular motif costs compared with the lowest offer.

What you pay for

A typical product page breaks a coin price into three lines:

• metal value: 5 g at the day’s rate for that purity,
• making charge: the seller’s production and selling cost,
• GST: 3% of the two lines above.

At 5 g the making charge is a smaller share of the total than on a 1 g or 2 g coin, so this size often gives a better balance between budget and premium. To see whether today is a high or low point for the metal itself, look at our gold price chart.

Before you order

• Confirm weight and fineness on the coin or its sealed pack.
• Look for a certificate or assay card and keep it with the coin.
• If the item carries a BIS hallmark with a HUID, the BIS hallmarking FAQ explains how the six-digit code identifies each hallmarked item.
• Keep the invoice. Buyback and exchange terms vary by seller, so read them before paying.

Keeping it safe

A 5 g coin is small enough to lose easily. Keep it in its original packaging, record where it is stored and, for larger collections, consider a bank locker. Avoid cleaning the coin; polishing can leave marks that a buyer may notice.