What is Digital Gold?
Digital Gold is a convenient and cost-effective way of buying real 24K gold online. Every gram of digital gold you buy is backed by actual physical gold kept in highly secure vaults under your name. When you buy digital gold, it is entirely digital until you decide to take physical delivery or sell it back.
Why Invest in Digital Gold?
- Fractional Investment: Buy in very small quantities, as little as ₹1. Great for SIPs.
- Physical Delivery: You can convert your digital holding to coins/bars and get delivery (making/delivery fees apply).
- Zero Storage Hassles: Securely stored in insured vaults at zero cost to you (usually for up to 5 years).
- 24/7 Liquidity: You can buy or sell anytime online without stepping out of your house.
How to Buy Digital Gold?
Digital gold can be purchased through various fintech apps and digital platforms.
- Download trustable apps like PhonePe, Paytm, Google Pay, or broker apps.
- Navigate to the 'Gold' investment section.
- Enter the amount in INR or grams you wish to purchase.
- Complete payment. The gold balance will instantly reflect in your digital vault.