Using digital gold, one can own gold and seamlessly transfer investments without having physical assets. By this technique, you can invest in pure 24K gold electronically secured in safe and insured premises. It is due to its ease of use that this type of investment has gained popularity. Through digital gold investment, individuals are in a position to purchase gold online in their accounts where the investments are secured by 24K pure gold stored in vaults. Top apps to buy digital gold in India:
1. Jupiter Money
Jupiter Money, which was launched in 2021, helps to improve the level of financial organisation with an intuitive interface. Jupiter Money partners up with MMTC-PAMP for digital gold investments, ensuring only the best quality alternatives. The Jupiter Money platform is accompanied by diverse features, making it easier and beneficial for investors to invest in digital gold. The platform takes pride in having the option to invest in fractional gold, through which users can begin investing from as little as ₹10. This means that anyone in India can invest in gold. Key features include:
- Charge-free digital-gold storage is enjoyed by users as a result of the Jupiter Money partnership.
- Real-time price tracking
- Secure vault storage through MMTC-PAMP
- Minimum investment starting at ₹10
- Option to sell gold 24/7
- Zero making charges
2. MMTC-PAMP Digital Gold
MMTC-PAMP Digital Gold is one of the best investment options in India since March 2012. This distinctive product is a solution between MMTC Ltd – an undertaking of the Government of India, and PAMP SA – a celebrated Swiss bullion manufacturer. Easy and quick means of buying digital gold without the necessity of extra applications or accounts are now available in common digital payment platforms such as Google Pay, Paytm, and PhonePe. With their services, investment platforms offer their users flexibility, such as the ability to track live prices, make small investments, and trade as soon as possible.
- 24K, 99.9% pure digital gold
- Systematic investment plans
- Brinks as secure vault partner
- Minimum investment of ₹1
- Certified purity guarantee
- Transparent pricing mechanism
3. Google Pay
Introduced digital gold in 2019 through a partnership with MMTC-PAMP. Since then, Google Pay has made digital gold transactions for its users easy, and this is due to the convenience of the interface. This integration enables users to purchase and sell gold easily, directly in their common payment applications. With Google Pay, gold investment becomes easy because there is no need to create another account or download another application. The platform promises that your gold transactions are secured by highly secure controls. Google Pay offers:
- Easy purchase interface
- Real-time price updates
- Secure storage through MMTC-PAMP
- Minimum investment of ₹1
- 24/7 buying and selling
- Zero storage fees
Also read: Can You Lose Money in Mutual Funds? What Every Investor Should Know
4. Paytm
Paytm emerges as one of the top digital gold investment choices among Indians since 2017. For the amateurs, digital gold offers a simple and friendly investment method. Both Jar and Groww offer a customer-friendly approach, which makes first-time investors consider trading in digital gold. Some virtual gold platforms only ask for as little as ₹10 to get started. This minimal requirement for investment means that the new ones are given a chance to experiment with digital gold without taking a massive risk. The features include-
- 24K gold with 999.9 purity
- Round-the-clock access to live market rates
- MMTC-PAMP as storage partner
- Minimum investment of ₹1
- Secure vault storage for up to 5 years
- Insured storage facilities
5. PhonePe
India’s PhonePe, as a prominent digital payment option since 2016, is well known for its simple interface and how varied the services it offers. The easy-to-use interface and strong payment options make PhonePe a simple platform for purchasing digital gold. It is as easy as visiting the Savings section and selecting Buy Digital Gold from the menu if you want to buy digital gold on PhonePe. Simplifying the process, PhonePe eliminates the necessity of having additional digital wallets or software downloads from the user’s side.
- Partnership with SafeGold and MMTC-PAMP
- 24K gold with 99.9% purity certification
- Minimum investment of ₹1
- Secure vault storage
- Real-time price tracking
- Zero making charges
Conclusion
By purchasing digital gold in India, members will have a secure, mobile, and convenient medium in addition to the conventional gold transactions. Accessible on safe environments and having little storage issues, it is well oriented to new and existing investors. Make full use of this modern approach and get a smooth, transparent, and profit-advantageous deal on how to invest in gold.
Written by Promita Ghosal
