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](https://www.mmtcpamp.com/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 .
MMTC- PAMP, India’s leading precious metal player and the only LBMA accredited Good Delivery Gold & Silver refiner has announced the appointment of Mr Samit Guha as the Managing Director and Chief Executive Officer of the company. Mr Guha has been associated with MMTC-PAMP for five years as the Chief Finance and Technology Officer (CFTO), later appointed as Interim CEO.
When talking about precious metals, undoubtedly, gold is the most prominent amongst them. However, silver is not too far behind. Primarily, due to its lower cost and higher demand, silver is an investment. It is quickly gaining traction amongst investors across India, whether investing in physical or some form of digital silver like silver coins, bullion or both.
Gold has always had a role in world finance, but not because it's shiny (although it is), but rather because of it's value and stability in an uncertain world. Central banks around the world continue to hold gold today in their foreign reserves. Why? It acts as a shield against inflation, currency fluctuations, and financial uncertainty.
MMTC-PAMP India Private Limited
Rojka-Meo Industrial Estate,
Distt. Nuh,
Haryana – 122103,
India
Ph: +91 124 2868000
CIN - U27100HR2008PTC042218
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