October 29, 2024

Looking to buy digital gold this Dhanteras? Know what it is, benefits and how you can purchase it from Google Pay, Paytm, PhonePe

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Dhanteras is considered as an auspicious day for buying gold. While traditional gold jewellery and coins remain popular, a modern alternative has emerged: digital gold. This innovative way to invest in gold offers several advantages over physical gold. So, if you also wish to invest in digital gold this Dhanteras, then here’s everything you need to know.

What is digital gold?

Digital gold is a relatively new investment option that allows you to buy and sell gold in digital form. It offers a convenient way to invest in gold without the hassle of physical storage.

How does it work?

When you buy digital gold, you’re essentially purchasing units of gold that are stored in secure vaults. The gold is allocated to your account, and you can track its value in real-time. You can buy and sell digital gold at any time, and the price is usually linked to the prevailing gold rates.

Benefits of investing in Digital Gold:

Purity: Digital gold is 24K pure, ensuring the highest quality.
Security: It is stored in secure vaults, eliminating the risk of theft or damage.
Liquidity: You can easily buy and sell digital gold on various platforms.
Transparency: The price of digital gold is transparent and linked to real-time market rates.
Affordability: You can invest in digital gold in small amounts, making it accessible to everyone.

How to buy digital gold on popular platforms

1. Google Pay:

Open the Google Pay app.
Search for “Gold” in the search bar.
Select the desired amount of gold and complete the payment.
The purchased gold will be stored in your Google Pay account

2. Paytm:

Open the Paytm app.
Search for “Gold” or navigate to the “Investments” section.
Select the desired amount of gold and complete the payment.
The purchased gold will be stored in your Paytm account.

3. PhonePe:

Open the PhonePe app.
Search for “Gold” or navigate to the “Gold” section.
Select the desired amount of gold and complete the payment.
The purchased gold will be stored in your PhonePe account.

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