see the offer screenshot that i am getting on Amazon banner.
getting 10% Bank/cc off.
i am purely thinking from the perspective of buying the coins and selling them to earn the difference.
1. how easily can a gold coin be sold in return for cash at jewellers like tanishq, reliance jewels, etc?
what is the expected net profit that i can earn ? (ideally looking for 10% that is the discount they offer, but i don't know how much premium over market price is Amazon selling it, and how much jewellers will deduct).
2. which company and purity% will give maximum cash at jewellers?
3. will the credit card get reward points on gold purchase? or will the transaction be treated like Amazon shopping transaction?
4. how safe is the process of buying gold on Amazon?
getting 10% Bank/cc off.
i am purely thinking from the perspective of buying the coins and selling them to earn the difference.
1. how easily can a gold coin be sold in return for cash at jewellers like tanishq, reliance jewels, etc?
what is the expected net profit that i can earn ? (ideally looking for 10% that is the discount they offer, but i don't know how much premium over market price is Amazon selling it, and how much jewellers will deduct).
2. which company and purity% will give maximum cash at jewellers?
3. will the credit card get reward points on gold purchase? or will the transaction be treated like Amazon shopping transaction?
4. how safe is the process of buying gold on Amazon?
