Today’s Prices

Categories

Category

Recent Posts

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...

5 Reasons Why MMTC- PAMP Buyback Program Gives You the Right Value of Your Gold

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.

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.

MMTC-PAMP response to MMTC closure news

MMTC-PAMP is a joint venture between MKS-PAMP group of Switzerland (https://www.mkspamp.com) and MMTC Limited. Please be aware that MMTC is a minority shareholder in our company and we are...

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.

2,138 Results for
  • English Catalogue-Diwali Edition

    English Catalogue-Diwali Edition

    gaurav kumar

    Oct 24, 2023 1:49 PM

    Document

    THE GOLD STANDARD OF PURITY & CRAFTSMANSHIP #EVENGOLDHASAGOLDSTANDARD NOVEMBER 2023 RETAIL EDITION CONTENTS PERSONALISED SERIES LATEST CREATIONS RANGE OF DIWALI PRODUCTS 04 CLASSIC SERIES...

  • Rose-bar 10gm.png

    Rose-bar 10gm.png

    gaurav kumar

    Oct 25, 2023 2:03 PM

    Document

  • What is Gold Accumulation Plan (GAP)?

    akshith kapoor

    Sep 23, 2022 7:03 AM

    Web Content Article

    null {} null What is Gold Accumulation Plan (GAP)? The GAP allows you to purchase gold using your Partner Platform account. The minimum transaction value across different platform varies from INR1...

  • What is live gold price

    admin admin

    Sep 23, 2022 9:39 AM

    Web Content Article

    null {} null What is live gold price? Live gold price means the gold rate in Indian Rupees (INR) per gram of (999.9) fine gold as posted from time to time, exclusive of product manufacturing/making...

  • What is open sale back window

    admin admin

    Sep 23, 2022 9:42 AM

    Web Content Article

    null {} null What is open sale back window? Open sale back window is the period during the customer can place request for sale of their digital gold. MMTC-PAMP reserves the right to close the open...

  • Is the partner platform legally allowed to sell gold on their platform

    admin admin

    Sep 23, 2022 9:45 AM

    Web Content Article

    null {} null Is the partner platform legally allowed to sell gold on their platform? The seller is MMTC-PAMP India, India’s largest gold refinery. Partner Platform is only providing a platform for...

  • Who is the custodian of my gold till redemption

    admin admin

    Sep 23, 2022 9:46 AM

    Web Content Article

    null {} null Who is the custodian of my gold till redemption? At no point does the ownership of your accumulated Gold transfers to either Partner Platform or MMTC-PAMP. MMTC-PAMP is the custodian...

  • Is there any frequency at which I need to make transactions to keep my account active Alternatively, what makes my account inactive

    admin admin

    Sep 23, 2022 9:49 AM

    Web Content Article

    null {} null Is there any frequency at which I need to make transactions to keep my account active? Alternatively, what makes my account inactive? No. The customer does not have to do transactions...

  • How can I get my holding statement

    admin admin

    Sep 23, 2022 9:50 AM

    Web Content Article

    null {} null How can I get my holding statement? You can get your gold holding statement by logging in to the partner platform. Please reach out to your partner platform in case of difficulty in...

  • Can I have a joint account for this plan

    admin admin

    Sep 23, 2022 9:51 AM

    Web Content Article

    null {} null Can I have a joint account for this plan? Joint account is not permitted for the GAP plan. null {}

  • Can minors buy digital gold online

    admin admin

    Sep 23, 2022 9:53 AM

    Web Content Article

    null {} null Can minors buy digital gold online? Minors are not eligible to buy or sell digital gold online. null {}

  • Are my gold account details shared with any tax authorities

    admin admin

    Sep 23, 2022 9:54 AM

    Web Content Article

    null {} null Are my gold account details shared with any tax authorities? No. Only, in case of any enquires by government authorities, we will have to provide the requested information. null {}

  • In case I relocate to outside India, can I continue accumulating Gold

    admin admin

    Sep 23, 2022 9:55 AM

    Web Content Article

    null {} null In case I relocate to outside India, can I continue accumulating Gold? You can choose to accumulate digital gold after relocating to outside India at your own risk. MMTC-PAMP does not...

  • What tax implications do I have, if I accumulate gold on partner platform

    admin admin

    Sep 23, 2022 10:07 AM

    Web Content Article

    null {} null What tax implications do I have, if I accumulate gold on partner platform? At the time of purchasing and redeeming Gold, all applicable taxes are included in your invoice. The taxes...

  • Can I visit the vault to inspect my Gold physically

    admin admin

    Sep 23, 2022 10:08 AM

    Web Content Article

    null {} null Can I visit the vault to inspect my Gold physically? No. The vault contains the gold holdings of all customers of MMTC-PAMP. Individuals cannot be allowed to visit the vault for...

  • How do I open my account for GAP

    admin admin

    Sep 23, 2022 10:09 AM

    Web Content Article

    null {} null How do I open my account for GAP? Customer needs to register themselves on Partner Platform by providing name, PIN code and mobile number. Partner platforms may have their own specific...

  • Do I require to complete my KYC to open my GAP account

    admin admin

    Sep 23, 2022 10:09 AM

    Web Content Article

    null {} null Do I require to complete my KYC to open my GAP account? MMTC-PAMP does not require the customer to complete KYC to open GAP account or buy digital gold. However, partner platforms can...

  • What are the registration fees for GAP

    admin admin

    Sep 23, 2022 10:10 AM

    Web Content Article

    null {} null What are the registration fees for GAP? There is no registration fee to open a GAP account. Any valid Partner Platform account holder can open a GAP account. null {}

  • What should I do, in case of fraud on my digital gold account

    admin admin

    Sep 23, 2022 10:13 AM

    Web Content Article

    null {} null What should I do, in case of fraud on my digital gold account? You are responsible for keeping your Partner Platform account details in a secure manner corresponding to existing...

  • How can I be assured that gold coins delivered to me are genuine and trustworthy

    admin admin

    Sep 23, 2022 10:13 AM

    Web Content Article

    null {} null How can I be assured that gold coins delivered to me are genuine and trustworthy? The gold coins are directly dispatched from MMTC-PAMP manufacturing unit. All the coins are delivered...

  • How can I trust that the delivery will be made to the correct person

    admin admin

    Sep 23, 2022 10:14 AM

    Web Content Article

    null {} null How can I trust that the delivery will be made to the correct person? Before the delivery is attempted, customer will be sent an OTP on the registered mobile number by the logistic...

  • Who will you deliver to, in case I did not respond

    admin admin

    Sep 23, 2022 10:15 AM

    Web Content Article

    null {} null Who will you deliver to, in case I did not respond? We can only deliver to the designated person as mentioned at the time of placing the delivery request. null {}

  • In case of any natural disaster, if the gold in MMTC-PAMP vault is destroyed or in case of theft, will I lose all the money used in buying my accumulated gold

    admin admin

    Sep 23, 2022 10:19 AM

    Web Content Article

    null {} null In case of any natural disaster, if the gold in MMTC-PAMP vault is destroyed or in case of theft, will I lose all the money used in buying my accumulated gold? No. You will not lose...

  • How do I buy digital gold

    admin admin

    Sep 23, 2022 10:24 AM

    Web Content Article

    null {} null How do I buy digital gold? You can make an offer to buy Gold at the rate displayed on the Partner Platform in either rupees or grams. For example, you can buy gold worth INR1 and above...

  • How often does the live price change

    admin admin

    Sep 23, 2022 10:25 AM

    Web Content Article

    null {} null How often does the live price change? The live rate changes based on market conditions and is updated frequently. null {}

  • How long is the live price valid for completing a transaction

    admin admin

    Sep 23, 2022 10:26 AM

    Web Content Article

    null {} null How long is the live price valid for completing a transaction? The live price, at which you choose to buy Gold, will be valid for 5-7 minutes from the time you click on the option to...

  • After purchasing digital gold, when can I see gold grams credit into my gold account

    admin admin

    Sep 23, 2022 10:27 AM

    Web Content Article

    null {} null After purchasing digital gold, when can I see gold grams credit into my gold account? After making the payment, when MMTC-PAMP accepts your offer to buy, you will receive an invoice...

  • What if my money gets debited but I don’t receive gold into my gold account

    admin admin

    Sep 23, 2022 10:33 AM

    Web Content Article

    null {} null What if my money gets debited but I don’t receive gold into my gold account? In the rare event of technical failure, MMTC-PAMP may reject your offer to buy. The amount paid by you will...

  • Is there a restriction on the amount of gold that can be purchased in a day

    admin admin

    Sep 23, 2022 10:34 AM

    Web Content Article

    null {} null Is there a restriction on the amount of gold that can be purchased in a day? The maximum limit to buy gold in a single day is INR 2 lakhs. The value of a single transaction or...

  • Can I cancel my gold purchase

    admin admin

    Sep 23, 2022 10:35 AM

    Web Content Article

    null {} null Can I cancel my gold purchase? Once MMTC-PAMP has accepted your offer to buy, cancellations or refunds are not allowed. You can however sell your gold back to MMTC-PAMP 72 hours after...

  • What modes of payments are accepted

    admin admin

    Sep 23, 2022 10:36 AM

    Web Content Article

    null {} null What modes of payments are accepted? Customers can make the payment through different digital payment modes like net banking, UPI, debit/credit cards as accepted on the partner...

  • How do I sell the gold I have accumulated

    admin admin

    Sep 23, 2022 10:47 AM

    Web Content Article

    null {} null How do I sell the gold I have accumulated? When the sale back window (open sale back window) is active, you can offer to sell your Gold accumulated on Partner Platform in either Rupees...

  • Why is the ‘sell price’ lower than ‘buy price’

    admin admin

    Sep 23, 2022 10:48 AM

    Web Content Article

    null {} null Why is the ‘sell price’ lower than ‘buy price’? 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...

  • How do I redeem my gold

    admin admin

    Sep 23, 2022 10:49 AM

    Web Content Article

    null {} null How do I redeem my gold? 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...

  • What are making and delivery charges

    admin admin

    Sep 23, 2022 10:51 AM

    Web Content Article

    null {} null What are making and delivery charges? Making charges are the costs of manufacturing/minting Gold into a coin. This includes the cost of packaging the coin in tamper proof Certicards....

  • Can I put in a different address from the one I used at the time for registering for the plan

    admin admin

    Sep 23, 2022 10:52 AM

    Web Content Article

    null {} null Can I put in a different address from the one I used at the time for registering for the plan? Yes. You can enter a different address. However, if this pin code does not fall in our...

  • Is it possible after choosing a product, I get intimation saying the product is out of stock? In such as case, what do I do

    admin admin

    Sep 23, 2022 10:53 AM

    Web Content Article

    null {} null Is it possible after choosing a product, I get intimation saying the product is out of stock? In such as case, what do I do? The charges paid by you at the time of redemption will be...

  • When will I receive the delivery

    admin admin

    Sep 23, 2022 10:54 AM

    Web Content Article

    null {} null When will I receive the delivery? You will be intimated about the expected delivery time, at the time of placing the order. The product will be delivered to you within 14 working days...

  • Is it possible to store my redeemed gold coins and bars in safe custody and have them delivered later

    admin admin

    Sep 23, 2022 10:56 AM

    Web Content Article

    null {} null Is it possible to store my redeemed gold coins and bars in safe custody and have them delivered later? Once you place a redemption request, you have to accept the delivery made to you....

  • What happens in case I receive a different product or damaged goods

    admin admin

    Sep 23, 2022 10:57 AM

    Web Content Article

    null {} null What happens in case I receive a different product or damaged goods? MMTC-PAMP explicitly urges to all its customers to inspect the package for any damage or tamper before receiving or...

  • Who is responsible in case my Gold is not delivered to my address

    admin admin

    Sep 23, 2022 10:58 AM

    Web Content Article

    null {} null Who is responsible in case my Gold is not delivered to my address? MMTC-PAMP will be responsible. Customers need to contact the customer service of Partner Platform for any support....

  • What if my gold balance gets debited but I don’t receive money into my partner platform account

    admin admin

    Sep 23, 2022 10:59 AM

    Web Content Article

    null {} null What if my gold balance gets debited but I don’t receive money into my partner platform account? The partner platform or MMTC-PAMP will retry payment to account shared with your...

  • 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....

  • 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,...

  • 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...

  • 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...

  • 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,...

Back MMTC-PAMP is India’s First Precious Metals Company to have Science-based Emissions Reduction Targets Approved by the SBTi

MMTC-PAMP, India’s only London Bullion Market Association (LBMA) Good Delivery gold & silver refinery, reinforces its commitment to sustainability as the first precious metals company in India to have science-based carbon emissions reduction targets approved by the Science Based Targets initiative (SBTi). This marks a pivotal milestone for MKS PAMP GROUP as both MMTC-PAMP and MKS PAMP commit to carbon emission reduction targets.

 

MMTC-PAMP India Private Limited commits to reduce absolute scope 1 and 2 GHG emissions 47 per cent by FY2029/2030 from a FY2018/2019 base year. MMTC-PAMP India Private Limited also commits to reducing absolute scope 3 GHG emissions by 27.5 per cent within the same timeframe. Continuing its ongoing commitment to sustainability, MMTC-PAMP, among other initiatives has also recently implemented 705 kWp of solar energy panels, actively contributing to decarbonization and reducing its carbon footprint.

 

Commenting on the target approval by the SBTi, Vikas Singh, Managing Director and CEO, MMTC-PAMP India Private Limited said, “We are proud to be leading our industry in this transformation and are deeply devoted to making a substantial impact in our environmental engagement. In line with this vision, we have set forth a robust commitment to drive meaningful change in our carbon footprint.”

 

“Today, we welcome MMTC-PAMP’s science-based targets consistent with limiting warming to 1.5°C,” said Luiz Amaral, Chief Executive Officer of the Science Based Targets initiative. “The ambition of MMTC-PAMP’s targets is aligned with the need for the global economy to rapidly cut emissions. This company is setting an example for the rest of its industry, and I urge others in its sector to set their targets too.”

 

The Science Based Targets Initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.

 

The initiative is a collaboration between CDP, the United Nations Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practices in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

 

MMTC-PAMP’s commitment towards sustainability and the approval from the SBTi underscores MKS PAMP GROUP’s ambition to accelerate its sustainability agenda across its companies.

 

A joint venture between Switzerland-based bullion refinery, MKS PAMP SA, and MMTC Ltd, a Miniratna and Government of India Undertaking. MMTC-PAMP is the only LBMA-accredited gold & silver good delivery refiner in India and is accepted across global commodity exchanges and central banks. The company seamlessly marries Swiss excellence with Indian insights. MMTC-PAMP India Pvt. Ltd. is internationally recognized as an industry leader in bringing global standards of excellence to the Indian precious metals industry. MMTC-PAMP has received several awards since its inception from local and global industry bodies for transparency and sustainability that it rigorously upholds in its sourcing, refining, and supply of precious metals in the Indian market.

 

The Science Based Targets initiative (SBTi) is a global body enabling companies and financial institutions to set ambitious emissions reduction targets in line with the latest climate science. The SBTi’s goal is to accelerate businesses across the world to support the global economy to halve emissions before 2030 and achieve net-zero before 2050. The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.


 

0 Comments