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Why do you follow international rates while you are sitting in Indian market?
admin admin
Sep 25, 2022 9:23 AM
Web Content Article
null {} null Why do you follow international rates while you are sitting in Indian market? As an LBMA accredited company we follow international market rates and we take pride as the only LBMA...
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What does MMTC-PAMP do with additional stones/gems in the jewellery?
admin admin
Sep 25, 2022 9:12 AM
Web Content Article
null {} null What does MMTC-PAMP do with additional stones/gems in the jewellery? We suggest bringing your old jewellery post removal of additional stones/gems to expedite the transaction duration....
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What are the documents required for the process and what is the duration of the process
admin admin
Sep 25, 2022 8:54 AM
Web Content Article
null {} null What are the documents required for the process and what is the duration of the process? It’s a 60-minute verification process and is displayed in real-time on CCTV. Your PAN Card,...
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What is the minimum quantity of gold that is accepted under the buyback process
admin admin
Sep 25, 2022 8:49 AM
Web Content Article
null {} null What is the minimum quantity of gold that is accepted under the buyback process? What are the charges? Minimum quantity of gold to be tested is 10 grams. The charges will be dependent...
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What is gold resale value?
akshith kapoor
Sep 22, 2022 10:14 AM
Web Content Article
null {} null What is gold resale value? Many people may not be aware that gold is sold at a set resale value and not the original or the current value. The resale value is subject to parameters...
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What is the best way to sell gold?
akshith kapoor
Sep 22, 2022 10:10 AM
Web Content Article
null {} null What is the best way to sell gold? The best way to sell gold is by opting for the right provider. For instance, MMTC-PAMP is an accredited and trusted buyer of gold, and the Buyback...
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How do you sell gold for cash in India?
akshith kapoor
Sep 22, 2022 9:59 AM
Web Content Article
null {} null How do you sell gold for cash in India? Indian households collectively hold 25,000 tons of gold amounting to Rs 110 lakh crores. Most people turn to liquidating gold for cash during...
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My digital gold seller has stopped servicing my account. How do I execute a transfer request of my digital gold holdings
admin admin
Sep 23, 2022 11:27 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. How do I execute a transfer request of my digital gold holdings? Currently transfer of digital gold has been disabled for...
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My digital gold seller has stopped servicing my account. Where is can see my current holding
admin admin
Sep 23, 2022 11:26 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. Where is can see my current holding? You can refer to your holding statement shared on email, or call our customer care to know...
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My digital gold seller has stopped servicing my account. Can I still continue to sell digital gold partially
admin admin
Sep 23, 2022 11:25 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. Can I still continue to sell digital gold partially? Yes, you can sell partially. The residual balance shall be kept safely by...
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Is there anyone who ensures that my gold is safe inside MMTC-PAMP vault
admin admin
Sep 23, 2022 11:24 AM
Web Content Article
null {} null Is there anyone who ensures that my gold is safe inside MMTC-PAMP vault? Universal Trusteeship Services Ltd.(UTSL) acts as a custodian of the gold on your behalf to ensure that your...
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My digital gold seller has stopped servicing my account. I now want to Redeem my gold. what is the process
admin admin
Sep 23, 2022 11:23 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. I now want to Redeem my gold. what is the process? We would like to assure you that your digital gold investment is safe with...
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My digital gold seller has stopped servicing my account. Can you transfer my account to another partner of yours? What is the process
admin admin
Sep 23, 2022 11:23 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. Can you transfer my account to another partner of yours? What is the process? Currently transfer or gifting of gold has been...
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My digital gold seller has stopped servicing my account. I want to continue to buy digital gold. What is the process
admin admin
Sep 23, 2022 11:22 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. I want to continue to buy digital gold. What is the process? We continue to offer our digital gold product through several...
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My digital gold seller has stopped servicing my account. Can I get my holding statement? Or can you please give me a holding certificate
admin admin
Sep 23, 2022 11:15 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. Can I get my holding statement? Or can you please give me a holding certificate? Upon validation of your KYC, we can share with...
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What gold rate will be applicable for me if I am not selling my digital gold via seller using live pricing
admin admin
Sep 23, 2022 11:14 AM
Web Content Article
null {} null What gold rate will be applicable for me if I am not selling my digital gold via seller using live pricing? You shall receive the credit applicable for the weight of gold requested to...
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My digital gold seller has stopped servicing my account. I still want to hold on to my digital gold investment. Can I do that
admin admin
Sep 23, 2022 11:09 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. I still want to hold on to my digital gold investment. Can I do that? Please be assured that the gold you have bought via you...
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My digital gold seller has stopped servicing my account. I now want to sell my digital gold. What is the process
admin admin
Sep 23, 2022 11:08 AM
Web Content Article
null {} null My digital gold seller has stopped servicing my account. I now want to sell my digital gold. What is the process? We would like to assure you that your digital gold investment is safe...
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Are there any charges associated with transfer
admin admin
Sep 23, 2022 11:06 AM
Web Content Article
null {} null Are there any charges associated with transfer? There are no charges associated with transferring gold balance. null {}
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Can I transfer my gold balance
admin admin
Sep 23, 2022 11:04 AM
Web Content Article
null {} null Can I transfer my gold balance? You can transfer your gold balance online if the partner platform provides features. The gold balance can be transferred only to the accounts within the...
Back Is Digital Gold a Safe Investment to Create Long-Term Wealth?
India loves its gold, whether through the lens of investment or as a symbol of legacy. India also currently has a sizable majority of the world’s millennial populace. The conjunction of these two important factors – somewhat like a marriage between the traditional investment mantras and the adoption of a technology-driven lifestyle – has given digital gold a favorable arena to grow.
Digital gold allows investors the same benefits of owning physical gold without the stress of authenticating its purity or worrying about its safety. Additionally, it eliminates the reduced returns associated with the depreciating value of gold in the form of jewelry.
Benefits of Digital Gold Ownership
● Hassle-free
Contrary to investing in physical gold that runs through the cycle of purchase and scouting for gold lockers for storage, owning digital gold eliminates numerous steps as the onus falls upon the provider. As the provider takes care of storage and safety and, in most cases, bear the convenience and other associated fee, owning and investing in digital gold becomes a quick and hassle-free experience.
● Convenience
Besides the convenience of ownership, digital gold is also much easier to buy and resell. With a tap on the screen, you can complete these transactions anytime and anywhere.
● Profitable
Buying physical gold poses the challenge of purity assessment and the added cost of commission and making charges, as these long-term assets are bought from dealers. MMTC-PAMP’s Digital gold carries its 24K, 999.9 authentic purity grade and eliminates the middleman, thereby comparatively making it a more profitable choice.
Should Digital Gold be a Valuable Player in Your Long Term Investment Plan?
The flexibility to buy and sell digital gold at any time and from anywhere has made it the choice of investment for digital natives looking to both experiment in the short term as well as draft their long-term investment portfolio.
Also, the younger generation looks at making investment decisions at opportune moments rather than auspicious days. This heralds the need for quicker transactions – that would otherwise not have been possible with physical gold – and has prompted netizens to quickly warm up to the idea of investing in digital gold.
Gold investments have throughout the years been touted to be a resilient and stable option and have found a favorable place in portfolios spanning generations. While the way the invested gold is held is changing, investment in gold, per se, is unlikely to go out of style, especially for those looking to include it in their long-term wealth-building kitty.
With the pandemic re-shifting the focus back to gold investments amidst the volatility of the stock market and digitization making the process convenient, secure, and safe, gold investment providers are seeing an influx of investors on their platforms.
As the average age of the investors keeps changing, so will their preferred way of investing. And while investment in gold will always hold value in every portfolio, as gold will continue to remain a profitable instrument reaping long-term gains, the traditional models of gold investment will soon be rendered obsolete with the evolution of technology. Considering investing in digital gold to build long-term wealth is a much smarter and safer move for digital natives opting for a trusted instrument in the comfort of the familiar digital space.
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