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Why is the ‘sell price’ lower than ‘buy price’?
bhavika sony
Sep 30, 2022 7:00 AM
Web Content Article
null null null {} Gold like any other commodity, which is tradable has a buy-sell spread. The spread for Digital Gold buy and sell transactions is due to 3% GST and other handling and processing...
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How do I redeem my gold?
bhavika sony
Sep 30, 2022 7:01 AM
Web Content Article
null null null {} You can select the quantity and denomination of the gold you wish to redeem from the available options of coins on the Partner Platform. You can request for all or part of your...
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Are there any charges associated with transfer?
bhavika sony
Sep 30, 2022 7:02 AM
Web Content Article
null null null {} There are no charges associated with transferring gold balance. {} Are there any charges associated with transfer?
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What is the maximum period for which MMTC-PAMP will store my gold
admin admin
Sep 23, 2022 10:12 AM
Web Content Article
null {} null What is the maximum period for which MMTC-PAMP will store my gold? You can buy and store your gold FREE of cost for a period of 5 years from the date of purchase with us. This period...
Back 4 Marketplaces from Where You can Buy Digital Gold
Today, digital natives opt for digital rather than physical gold, leading to a sharp spike in the quantum of digital gold bought over multiple platforms over the past few years. If you’re planning to invest in digital gold but aren’t sure of the platforms, we’ve listed the top trusted marketplaces in India: When you set out to buy digital gold , the most important consideration is the source. MMTC-PAMP’s digital gold in India bears the 24K 999.9 purity mark and is backed by stringent authenticity verification and transparent pricing. Through their partners, MMTC-PAMP has made buying and reselling digital gold as easy as a few clicks.
Paytm
As India’s leading mobile payment and e-commerce platform, Paytm has earned a reputation for itself in the market. It has now turned its focus on giving millions of Indians accessible and convenient wealth creation opportunities. Buying and selling digital gold on the platform is quick and hassle-free, just tap on ‘Paytm Gold’ under the ‘Stocks and Wealth’ icon and choose the value/quantity of gold you want to purchase.
Google Pay
Similar to Paytm, Google Pay also allows digital gold transactions. The gold bought on the platform is stored in MMTC-PAMP maintained Gold Accumulation Plan or GAP. The owner can check all digital gold-related transactions in the Gold Locker on Google Pay.
PhonePe
The new entrant, PhonePe, also offers its members the opportunity to transact in digital gold. Members have the option to invest as low as Re. 1 and accumulate gold over time.
Aditya Birla Capital
Post-registration and activation on the Wealth Platform on Aditya Birla Capital’s website, you can directly buy gold on the platform. These prices are fixed on the day’s gold price and are refreshed every five minutes. After purchase, its equivalent in physical gold is stored with MMTC-PAMP under the ownership of the buyer. The buyer can then opt to keep it stored, resell it later, or get the physical gold delivered to them.
If you’re looking to invest in digital gold , these seven marketplaces are the preferred means in India to invest in digital gold as they’re both backed by the seal of MMTC-PAMP and trusted as individual providers.
To know about the list of partners authorised to sell, MMTC-PAMP digital gold, check out this page .
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