Gold coins - After gold jewelry and ornaments, gold coins are the most common type of gold that's purchased as an investment (especially in India). Gold coins are available in various weights like 1 gram, 2 grams, 5 grams, 10 grams, etc. and represent smaller investments than, say, gold bullion. Your investments will be subject to the same market factors that affect the price of all types of gold, but your risk will be significantly lesser as the denominations are lower, and coins can be purchased at any time during the year. Purchasing a few coins a month of a standard weight can be used to average out the gold price you've paid as the average gold price in India in that particular year. Gold coins are easy to acquire and provide a way for low and medium income groups to invest in gold as a commodity price update.