- Date : 11/03/2022
- Read: 3 mins
Digital gold is the safest investment option. Have a look at these four platforms where you can buy and store digital gold at the lowest prices.
Gold is an investment instrument that provides better returns over time. It also holds cultural and religious significance in India. Nowadays, it is bought in the form of jewellery and is considered a tangible investment medium.
Investing in digital gold has gained popularity in India. Hence, several online platforms, banks, and brokerages are providing their customers with an option to buy digital gold. Buying digital gold is less troublesome than buying physical gold. One can invest in digital gold from Rs 1 to the amount of a maximum of 4 kg gold.
If you are wondering where to buy digital gold and how to buy digital gold online, then here are the top 4 apps:
5Paisa is a digital platform where you can easily buy, sell, and gain trading experience. It allows you to buy digital gold as per your budget, and you can also track the stock market on this app. You can invest for as low as Rs 50 on this platform, and the quantity of gold you own will be shown as a Digital Vault balance. Above all, you can also ask for the physical delivery of the amount of gold purchased by you. 5paisa allows you to buy gold starting from Rs 50, and it charges a basic convenience fee, and delivery charge if you want the gold to be delivered to your home.
Apart from it, 5Paisa is also a preferred trading app for intraday trading. Simply create your trading account and start trading today!
Also Read: Best Trading Platforms In India
PhonePe began its digital gold investment services in 2017. It has become one of the most popular platforms in India to buy digital gold online. PhonePe has recently partnered with Safegold and MMTC-PAMP to promote buying and selling gold. Just like the other apps on this list, this app also charges 3% GST on the purchase amount and this is included in the price that is shown on the buying screen. Besides, you also get real-time gold rate updates on PhonePe. Above all, the gold purchased through this app is insured as well.
Also Read: Top UPI Platforms In India
Google Pay is another big name in this digital gold sector. Besides, it provides an option to choose between gold bar and coin. It also offers to deliver digital gold in physical form. For the delivery of physical gold, all you need to do is choose the delivery icon in the gold vault, enter the address for the delivery and check out. You can also track the status of delivery on the app. Also, once you buy digital gold online in India from Google Pay, you can gift it to any of the contacts on Google Pay.
MobiKwik has been offering the service of digital gold buying since 2018. Here, you can buy & sell gold in terms of grams. The purchased quantity of gold is automatically stored in your 'MobiKwik Gold' account. Apart from it, you can trade the digital gold either by using the MobiKwik wallet or a bank account linked to UPI.
The demand for gold will always increase, and investing in digital gold can be your best decision ever. The above-listed are some of the most trusted platforms to buy digital gold online in India.