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Why it is Important for Entrepreneurs to Invest in a safe asset like Digital Gold

Every Indian entrepreneur has, at least once, faced the question ‘Are you sure about this?’ from a concerned elderly family member. Trading cushy salaried jobs to follow the entrepreneurial...

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Second to China, India has the biggest collective repository of gold, with Indians owning a mammoth 26,000 tons of gold worth $1000 billion. Gold is viewed not just as a symbol of legacy that’s passed on from generation to generation but is also trusted as a stable and resilient investment option.

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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.

When is the Right Time to Sell Your Gold?

Gold is a long-term portable investment instrument. Indians typically have a lot of gold in the form of jewelry handed down for generations, along with a decent amount of bullions and coins bought solely for investment.

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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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