1. Summary
  2. Digital Gold
  3. Importance of Digital Gold
  4. Pros and cons of Digital gold
  5. Digital gold is different from physical gold


Digital gold may be a virtual technique of shopping for and financing within the alpha-beta brass while not having to physically hold the gold. You’ll be able to perish online. And, the minimum gets or sell price is one rupee. Let’s see regarding digital gold intimately below

Digital Gold

Digital gold may be a new age investment instrument that permits you to speculate in twenty-four of measurement, 999.9 purest gold, that is then held on in MMTC-PAMP’s secure vaults below your possession. If you would like to require possession of constant, you’ll be able to redeem digital gold for twenty-four of measurement, 999.9 purest gold coins, and gold bars. MMTC-PAMP is India’s leader in digital gold and you’ll be able to get digital gold directly from MMTC-PAMP

Importance of Digital Gold

  • Buying physical gold has bound downsides. Firstly, there’s the difficulty of distinguishing its purity and legitimacy. And, secondly, there are challenges related to keeping and storage.
  • On the opposite hand, digital gold is bought online and it’s held on in insured vaults by the vendor on behalf of the client.
  • The metal purchased is 24k gold, or 99.5 percent pure. Also, the client will be assured of its purity because it is certified by government-licensed agencies.
  • There are different edges of finance in digital gold.
  • For one, the capitalist will take physical delivery of the gold at his or her doorsill.
  • It is additionally extremely liquid. One will simply get or sell units anytime and anyplace.
  • The digital gold you have bought will be used as collateral for online loans.
  • Not solely is your purchase held on safely, however, it’s additionally one hundred percent ensured.
  • Last but not least, you’ll be able to exchange it for physical gold within the sort of jewelry, coins, and bullion.

Pros and cons of Digital gold


  • Capitalist will take physical delivery of the gold at his doorsill
  • Invest  quantity as little as Re one
  • will be used as collateral for online loans
  • Digital gold is real and therefore the purity is 24K
  • It’s held on safely and is 100% insured
  • It will be changed for physical jewelry, gold coins, and bullion


  • Rs 200,000 limit for investment on most platforms
  • Lack of official control body like run batted in or Sebi
  • Delivery and creating charges will apply
  • Typically, corporations supply restricted storage amount

In India, 3 main corporations supply digital gold — MMTC-PAMP India, Augmont Gold Ltd, and Digital Gold India. Meanwhile, applications like PhonePe and Paytm supply a platform for finance in digital gold.

Digital gold is different from physical gold

Digital gold, merely a place is vault-stored, 24K, pure gold that users will access via digital channels. Platforms like SafeGold alter customers to shop for, sell and receive domed gold at low price tag sizes, round the clock, with the faucet of a button. With this innovation, gold has become additional useful, approachable, and economical.

Physical gold, on the opposite hand, is sometimes bought for decorative functions, however, cannot be thought-about a sensible investment choice. It covers several non-refundable fees like creating charges, storage prices, etc., creating it a liability instead of plus. Moreover, holding gold in its physical type reception is fraught with risks.

The pandemic has accelerated the rising preference among users to interact and invest digitally, creating digital gold as one of the foremost widespread investments.

Gold may be a widespread investment among Indians and is purchased to commemorate each auspicious occasion and even passed on to future generations. The acquisition of physical or digital gold depends on the requirement of the client.

Physical gold is sometimes bought for consumption functions, mostly within the sort of jewelry. It will be bought directly from a jeweler with no involvement of an intercessor.

However, there are some drawbacks to physically holding gold. One should get physical gold in multiples of 1gm (equivalent to about, 500) compared with multiple of Re one once shopping for digital gold. Additionally, jewelry and ornaments can go with high creating prices and there’s continually the chance of felony. Marketing physical gold involves a visit to a jeweler wherever digital gold will be oversubscribed anytime with cash instantly attributable to your checking account.

Digital gold combines the convenience and speed of the web with the security and security of ancient gold purchases. As an investment choice, digital gold is taken into account to be safer and cost-efficient. In short, if you’re positive about the jewelry you would like, get physical gold. If you would like to accumulate gold and have complete flexibility over a way to use this gold in the future – jewelry, gifting, investment, or collateral for a loan – then digital gold may be a nice choice for you.