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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.

Taking Pride in Highest Purity

Q - Gold has traditionally been considered a safe option to invest in. In the current scenario, has its value in the investment portfolio appreciated or declined? Gold has always...

MMTC-PAMP recognised as India’s Most Trusted Brand at The Brand Story Indian Brand and Leadership Conclave & Awards, 2024

MMTC-PAMP, India's only London Bullion Market Association (LBMA) Good Delivery Gold & Silver refinery has been awarded the ‘Most Trusted Brand of the Nation’ at the The Brand Story Indian...

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.

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.

2,203 Results for
  • 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 {}

Back 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.

 

Digital gold allows investors the same benefits of owning physical gold without the stress of authenticating its purity or worrying about its safety. Additionally, it eliminates the reduced returns associated with the depreciating value of gold in the form of jewelry. 


Benefits of Digital Gold Ownership


●     Hassle-free
 

Contrary to investing in physical gold that runs through the cycle of purchase and scouting for gold lockers for storage, owning digital gold eliminates numerous steps as the onus falls upon the provider. As the provider takes care of storage and safety and, in most cases, bear the convenience and other associated fee, owning and investing in digital gold becomes a quick and hassle-free experience.


●     Convenience
 

Besides the convenience of ownership, digital gold is also much easier to buy and resell. With a tap on the screen, you can complete these transactions anytime and anywhere.


●     Profitable
 

Buying physical gold poses the challenge of purity assessment and the added cost of commission and making charges, as these long-term assets are bought from dealers. MMTC-PAMP’s Digital gold carries its 24K, 999.9 authentic purity grade and eliminates the middleman, thereby comparatively making it a more profitable choice.


Should Digital Gold be a Valuable Player in Your Long Term Investment Plan?

 

The flexibility to buy and sell digital gold at any time and from anywhere has made it the choice of investment for digital natives looking to both experiment in the short term as well as draft their long-term investment portfolio. 

 

Also, the younger generation looks at making investment decisions at opportune moments rather than auspicious days. This heralds the need for quicker transactions – that would otherwise not have been possible with physical gold – and has prompted netizens to quickly warm up to the idea of investing in digital gold.

 

Gold investments have throughout the years been touted to be a resilient and stable option and have found a favorable place in portfolios spanning generations. While the way the invested gold is held is changing, investment in gold, per se, is unlikely to go out of style, especially for those looking to include it in their long-term wealth-building kitty.

 

With the pandemic re-shifting the focus back to gold investments amidst the volatility of the stock market and digitization making the process convenient, secure, and safe, gold investment providers are seeing an influx of investors on their platforms.

 

As the average age of the investors keeps changing, so will their preferred way of investing. And while investment in gold will always hold value in every portfolio, as gold will continue to remain a profitable instrument reaping long-term gains, the traditional models of gold investment will soon be rendered obsolete with the evolution of technology. Considering investing in digital gold to build long-term wealth is a much smarter and safer move for digital natives opting for a trusted instrument in the comfort of the familiar digital space.


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