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History of Gold
akshith kapoor
Sep 25, 2022 7:36 AM
Web Content Article
History of Gold Gold is revered worldwide for its monetary worth and rich history, intertwined with cultures for thousands of years. People have held gold for a variety of reasons over the years....
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Purity of Gold
akshith kapoor
Sep 25, 2022 7:46 AM
Web Content Article
Purity of Gold Gold purity is measured in karats. The term "Karat" is distinct from the unit of measurement "Carat," which is used to weigh gemstones. The purity of gold, measured in karats,...
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Why LBMA is Important
akshith kapoor
Sep 25, 2022 7:49 AM
Web Content Article
Why LBMA is Important The London Bullion Market Association (LBMA) is the world's independent precious metals authority and standards setter, ensuring that the precious metals market remains...
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Other Components to keep in mind for Evaluating the Purity of Gold
akshith kapoor
Sep 25, 2022 7:52 AM
Web Content Article
Other Components to keep in mind for Evaluating the Purity of Gold Measure purity through Karat: Make sure what you desire is what you get and that the gold you are purchasing is genuine. Karat is...
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What Do the Markings on Gold Tell You About Its Purity?
akshith kapoor
Sep 25, 2022 7:56 AM
Web Content Article
What Do the Markings on Gold Tell You About Its Purity? The 24-Karat hallmark specifies the number of pieces of gold alloyed on a range of 24. This shows that 24 of all the 24 elements are gold,...
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Types of Gold & Craftsmanship
akshith kapoor
Sep 25, 2022 8:00 AM
Web Content Article
Types of Gold & Craftsmanship Gold is also available in a variety of colors- Yellow gold is a natural color of gold that is held together by copper and silver. Copper, nickel, and zinc are mixed...
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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...
Back What’s the Most Efficient Way to Sell Digital Gold in India?
One of the world’s most secure online investment instruments, certified 24 Karat digital gold, can be both bought and sold efficiently in India today. Indians have always had an emotional connection with gold, whether it is in the form of physical jewellery, or an intangible investment. However, with a pandemic in play, people are slowly becoming reluctant to visit their staple jewellery stores, and are also becoming more aware of the advantages of investing in digital gold. An investment that begins from as low as ₹ 1, can go up to a cumulative value of ₹2 lakhs in a single day.
The second-largest market for gold, India owns over 26,000 tons of gold worth over $1000 billion. Running this ecosystem behind retail is MMTC-PAMP, a merger between Switzerland-based bullion brand, PAMP SA, and MMTC Ltd, a Government of India undertaking. 25% of all the refining requirements are fulfilled by MMTC, with a focus to deliver only 999.9 purity.
The MMTC-PAMP Process of Selling Digital Gold
● Purity
When you buy digital gold from MMTC-PAMP, you invest in 999.9 pure physical gold (24 Karat). This gold, owned exclusively by you, is stored in the MMTC app’s vault and can be sold anytime at the current market price.
● Pricing
An LBMA accredited gold and silver refinery, MMTC PAMP links its pricing to international market rates that are available 365 days of the year, 24 hours round the clock. Once you decide to sell your digital gold, your money will be instantly transferred to your bank account after a day or even ten years. The easy, secure, and transparent buyback policy at MMTC PAMP makes selling gold absolutely hassle-free. Simply resell your investment at the current market price, and receive the resale amount in your bank account.
● Security
If there is one thing that poses a potential doubt among online gold buyers, it is the authenticity of their purchase. However, with MMTC PAMP, your investment is as secure as it can be. Make multiple small transactions to build a strong portfolio that is secured against external threats in a safe MMTC PAMP vault. Every investment you make is assured by Government regulations and remains unaffected by local factors, including a pandemic. If and when you wish to sell your purchase, pricing for digital gold is linked to a wholesale market, so you do not end up paying any additional charges for the sale.
When selling your digital gold, all applicable taxes are added over and above the price of gold, and included in your final invoice.
Established to ensure the industry’s best production practices and fair pricing to all, MMTC-PAMP is the most trusted source if you wish to unlock the true value of your digital gold. Simply head over to any of these MMTC-PAMP purity assessing centres in your city and make the most of your investment.
*Disclaimer:
The information contained herein is not intended to be a source of advice or credit analysis concerning the material presented, and the information and/or documents contained in this article do not constitute investment advice. The ideas presented in the blog should not be used without first assessing your personal financial situation or without consulting a financial professional.
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