Buy Digital Gold on Paytm Money2 min readReading Time: 2 minutes
Our efforts have been to offer you a comprehensive wealth management platform for all your savings and investment needs. With a mission to democratize and simplify wealth creation for millions, we came up with a wide range of best-in-class products for our users.
With over 7 million gold investors on Paytm and a continued rise in spot prices of gold by 30% YTD, gold happens to be one of the most loved asset classes by the majority of Indians and is considered as a safe haven. Thus after successfully gaining leadership in Stocks, NPS, and MFs, now we are adding Digital Gold to our platform to help you further diversify your portfolio.
In India, one in two Indian households owns some amount of gold in various forms like gold bars, jewellery, and coins. However, users typically buy it at high fixed outlays at a jewelry shop, with little or no attention to market prices. Then there are nagging concerns around purity, high storage charges, and long waiting periods for lockers.
With digital gold offering on Paytm Money, you can now buy or sell it on the Paytm Money app in a seamless manner. This will help in diversifying the investment portfolio with gold without worrying about the storage & purity of gold.
Here are a few benefits of Investing in Gold through Paytm Money
Usually, when you buy gold the most important yardstick is purity. In the case of Paytm Money’s digital gold, we guarantee you 24K 99.99% Pure gold from MMTC-PAMP (India’s only Internationally Accredited Refinery).
Gold being a precious metal, we all are always worried about its storage facility which at times may not be cost-efficient. We have solved it for you – when you buy gold through Paytm Money it will be stored in the MMTC’s most secured, 100% insured vaults with zero storage charges.
Investing in digital gold is easier and affordable because you can start investing with as low as Re. 1. Now you don’t need to worry about investing thousands of rupees in buying gold, rather you can opt for a leaner investment.
Live price updates
Paytm Money will keep you updated with live gold prices at all times, which will help in deciding on when to buy or sell gold assets.
Buy and Sell 24/7
Another advantage of investing in digital gold through Paytm Money is that you can invest any time, be it during the day or at night, on weekdays or weekends.
Investing in gold is simple and convenient on Paytm Money. So why wait any further. Download the Paytm Money App today and unlock the power of Digital Gold.