Which app is good for buying gold?
But with the Coronavirus pandemic, people may not feel secure enough to step out of their homes to purchase gold, in-person. One can now buy gold with the help of digital payments apps. Oropocket, Google Pay, PhonePe, and Paytm are three payment wallets in India that offer convenient ways to buy gold in different forms.
Images Credit by Oropocket -Digital Gold
How can I buy gold online?
How Digital Gold
Works?
1. Enter an amount in INR or grams. You can buy gold of a fixed value or weight at live market rates. Choose your payment method. Pay through your preferred online payment option such as UPI, cards, or net banking. Your gold is now in a vault secured by MMTC-PAMP.
When you buy or sell gold through Oropocket, you purchase 99.99% pure 24 K gold units from MMTC-PAMP. ... Gold purchases through MMTC-PAMP are 100% insured, ensuring your gold's security.
Digital Gold can be used as collateral for online loans. Digital Gold is genuine and the purity is 24K 99.5% for SafeGold and 999.9 in case of MMTC PAMP purchases. Your purchase is stored safely and is also 100% insured.
Is Digital Gold profitable?
As a result, the sale of gold is never profitable.
However, with Digital Gold on Finserv MARKETS, you can sell it at real-time
market prices; thereby ensuring your losses are mitigated. Plus, you don't have
to search for a buyer which also guarantees a much faster sale process.