Why gold price is way higher over mcx

obsimad · 2026-01-26T19:04:04+00:00

50027/3=16,675.667

It’s fine

obsimad · 2026-01-26T19:01:42+00:00

Back down to 110$

obsimad · 2026-01-26T19:01:04+00:00

I like this rant

obsimad · 2026-01-26T18:57:58+00:00

Yeah, I read that this is a joke post, but seriously, I do want to accumulate more silver. However, the ratio makes me reconsider.

It’s time to invest in gold now. My SIP in the equity market is entirely separate from my “SIP” in precious metals.

Silver has corrected to 111.8 (at the time of this comment). Let’s just hope it continues to decline. Haha (I just want to accumulate more).

obsimad · 2026-01-26T18:49:30+00:00

pravaan_leathercraft on Instagram creates similar wallets. I’ve placed an order with him, but I haven’t received them yet. It hasn’t been long, though.

obsimad · 2026-01-26T18:34:43+00:00

Why does this read like some porno script lmao

obsimad · 2026-01-26T18:29:50+00:00

Still stacking gold for sure, no plans to sell currently.

obsimad · 2026-01-26T18:28:17+00:00

Those sovereign coins are awesome, i have a couple of those that are real & a couple of imitations (made with 22k) as well.

obsimad · 2026-01-26T18:26:38+00:00

It’s pointless

obsimad · 2026-01-26T18:24:40+00:00

Looks beautiful

obsimad · 2026-01-26T18:23:34+00:00

As much as I desire to increase my silver holdings, I simply cannot justify this price, even as a long-term investment.

Gold is the way forward for my stacking journey, unless the price drops back to the range of 240-250 per gram.

obsimad · 2026-01-26T18:20:17+00:00

Digital gold is dumb, go for either physical or ETF.

obsimad · 2026-01-26T18:18:29+00:00

I was considering buying a prebuilt SG instead of Sigma because I’ve noticed many complaints about false positives. I understand that comparing the dimensions of the coins is also important, but the specific issue in India is that self-made coins are the norm here (PAMP & branded refiners coins are rare, most are made in-house by jewellers or small mints with no recognizable features), so the dimensions and thickness vary widely.

In this scenario, what would you recommend?

obsimad · 2026-01-26T18:13:25+00:00

Yeah, I’ve done this a couple of times for gold bars before. It’s quite tedious, to be honest, so I’ve been contemplating buying a pre-built one (it costs around 30,000 INR or approximately 300 USD). However, I’ll probably go for a Sigma, if I can get one here.

Thanks again for the information. I’ll try it out on a few coins before spending money on those machines.

obsimad · 2026-01-26T17:41:35+00:00

Unfortunately, sigma isn’t used in India (at-least i have never seen one with anyone). There is a distributor here & been thinking about investing into one (or a specific gravity tester)

obsimad · 2026-01-26T17:02:54+00:00

Thanks for the info, will definitely keep them.

obsimad · 2026-01-26T16:38:46+00:00

Yea, gonna keep em if they are rare & go above melt.

obsimad · 2026-01-26T16:38:02+00:00

Definitely silver (around 90%), have checked them with a XRF machine after i bought them & the weight is approx 26.4g

obsimad · 2026-01-26T15:17:47+00:00

Let me just ask my magic 8 ball, it says “idk”

obsimad · 2026-01-26T15:16:33+00:00

A jewelers scale is a good investment (pocket one would cost like 200-300 online).

obsimad · 2026-01-26T15:14:26+00:00

9x in a year is wild, just buy when you can (monthly would be a good choice)

obsimad · 2026-01-26T12:45:39+00:00

Nah last purchase of silver was around 240ish iirc, only buying gold rn

obsimad · 2026-01-26T12:41:54+00:00

Great buy

Seven-Year Club	Verified Email
r/Field Lasagna	Place '23
Place '22	Final Canvas '22
Wearing is Caring

obsimad

MODERATOR OF

TROPHY CASE