Blog : MMTCPAMP

Today’s Prices

Is Digital Gold a Safe Investment to Create Long-Term Wealth?

01 Sep, 2022

4 Marketplaces from Where You can Buy Digital Gold

08 Aug, 2022

Bridal Jewellery Trends – What's Hot This Season?

15 Aug, 2022

1,789 Results for

What is Gold Accumulation Plan (GAP)?

akshith kapoor

Sep 23, 2022 1:33 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 4:09 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 4:12 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 4:15 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 4:16 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 4:19 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 4:20 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 4:21 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 4:23 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 4:24 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 4:25 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 4:37 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 4:38 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 4:39 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 4:39 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 4:40 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 4:43 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 4:43 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 4:44 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 4:45 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 4:49 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 4:54 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 4:55 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 4:56 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 4:57 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 5:03 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 5:04 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 5:05 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 5:06 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 5:17 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 5:18 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 5:19 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 5:21 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 5:22 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 5:23 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 5:24 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 5:26 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 5:27 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 5:28 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 5:29 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 2:06 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 2:16 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 2:19 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 2:22 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 2:26 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,...
Types of Gold & Craftsmanship

akshith kapoor

Sep 25, 2022 2:30 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...
Evolution in Weight of Gold since Tola

akshith kapoor

Sep 25, 2022 2:39 AM

Web Content Article

Evolution in Weight of Gold since Tola Tola MMTC-PAMP, a joint venture between the public sector MMTC Ltd and Swedish processor PAMP, has created a new gold product, the 'Tola,' a...
Why do you follow international rates while you are sitting in Indian market?

admin admin

Sep 25, 2022 3:53 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...
What does MMTC-PAMP do with additional stones/gems in the jewellery?

admin admin

Sep 25, 2022 3:42 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....
What are the documents required for the process and what is the duration of the process

admin admin

Sep 25, 2022 3:24 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,...
What is the minimum quantity of gold that is accepted under the buyback process

admin admin

Sep 25, 2022 3:19 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...
What is gold resale value?

akshith kapoor

Sep 22, 2022 4:44 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...
What is the best way to sell gold?

akshith kapoor

Sep 22, 2022 4:40 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...
How do you sell gold for cash in India?

akshith kapoor

Sep 22, 2022 4:29 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...
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 5:57 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...
My digital gold seller has stopped servicing my account. Where is can see my current holding

admin admin

Sep 23, 2022 5:56 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...
My digital gold seller has stopped servicing my account. Can I still continue to sell digital gold partially

admin admin

Sep 23, 2022 5:55 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...
Is there anyone who ensures that my gold is safe inside MMTC-PAMP vault

admin admin

Sep 23, 2022 5:54 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...
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 5:53 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...
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 5:53 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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Akshith Kapoor

Digital Gold

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...

24 Nov, 2022

Akshith Kapoor

News

MMTC-PAMP Releases North Mara Gold Mine Independent Assessment Report – Executive Summary

An independent Assessment Report – Executive Summary released by MMTC-PAMP today concludes that there were additional measurable improvements in the managements of risks at Barrick’s North...

04 Nov, 2022

Akshith Kapoor

Sell Gold

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.

25 Sep, 2022

MMTC PAMP

Digital Gold
Sell Gold

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.

12 Sep, 2022

MMTC PAMP

Digital Gold

The First-timer’s Guide to Digital Gold and What it Means for You

A modern-day investment option, digital gold is bought online and stored in insured vaults of the seller on your behalf. This 24 Karat secured investment can be made via multiple mobile payment platforms and internet banking portals from anywhere in the world.

07 Sep, 2022

MMTC PAMP

Sell Gold

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.

03 Sep, 2022

MMTC PAMP

Digital Gold

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.

01 Sep, 2022

Akshith Kapoor

Fashion & Culture

Bridal Jewellery Trends – What's Hot This Season?

The global pandemic slowed down the wedding business during the first half of last year, but we saw couples rush to tie the knot once the country resumed normalcy towards the year’s end – a time also touted to be the wedding season. Given the current state of the country, we may once again see the pattern repeat in 2021.

15 Aug, 2022

Akshith Kapoor

Digital Gold

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

08 Aug, 2022

Akshith Kapoor

News

Response to RAID article “LBMA Should Suspend Gold Refiner MMTC-PAMP

We note RAID’s article of 9 July 2020 “LBMA Should Suspend Gold Refiner MMTC-PAMP” https://www.raid-uk.org/blog/lbma-should-suspend-gold-refiner-mmtc-pamp and the related references,...

10 Jul, 2020

Akshith Kapoor

News

Statement relating to complaints and allegations by RAID

On 8th July, RAID, a civil society organization has called for the London Bullion Market Association (LBMA) to suspend MMTC-PAMP from the Good Delivery List of gold and silver refiners. In...

09 Jul, 2020

Akshith Kapoor

News

North Mara Gold Mine – Statement

Over the course of June 2019, Forbidden Stories, a non-profit project, alleged that MMTC-PAMP was involved in environmental and human-rights abuses in Tanzania. MMTC-PAMP takes such...

03 Jul, 2020

Akshith Kapoor

News

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...

17 Sep, 2019

Akshith Kapoor

News

Response to Forbidden Stories Articles

Further to recent press articles with regards to Acacia Mining’s North Mara Mine, where MTC-PAMP has been mentioned, we would like to draw your attention to the following facts. Read More

28 Jun, 2019

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Recent Posts

Response to RAID article “LBMA Should Suspend Gold Refiner MMTC-PAMP

When is the Right Time to Sell Your Gold?

What’s the Most Efficient Way to Sell Digital Gold in India?

MMTC-PAMP response to MMTC closure news

4 Marketplaces from Where You can Buy Digital Gold

Response to Forbidden Stories Articles

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