Dhanteras Gold Offer: You can also think of buying digital gold. Digital gold can also be purchased through payment applications such as Google Pay and Paytm.
How To Buy Gold Online: The festival of Diwali is knocking at the door and it is Dhanteras on 22nd October, 2022. People prefer to buy or invest gold on the occasion of Dhanteras, with the belief that wealth is attained throughout the year. You can buy gold on this auspicious day either by visiting shops or online. Apart from buying traditional gold jewelry (jewellery, coins, bars, etc.), you can also think of buying digital gold. Digital gold can also be purchased through payment applications such as Google Pay and Paytm.
Let us tell you, digital gold is a way to invest in gold, but as the name suggests, digitally. The reason why investors should buy it is because it is considered a safe money solution as it can be bought and stored securely online. Digital gold has no storage cost and you can sell it whenever you want. With Digital Gold you have access to the real time market value of gold. Also, you will not have to pay any making or other charges from the jewellers. If you want to invest in digital gold, here is how you can buy it through Google Pay and Paytm.
Digital Gold: Steps to Buy it through Google Pay
1. Open Google Pay and tap New.
2. In the search bar, enter “Gold Locker”. Then, search for that word.
3. Tap Gold Locker and then click Buy. The current market purchase price of gold (including taxes) will be visible. This price is locked for 5 minutes after you initiate a purchase, as the purchase price can change throughout the day.
4. Enter the amount of gold you wish to buy in INR. It may be noted that there is no overall limit to the total value of gold you can buy. However, there is a limit of Rs.50,000 which you can buy in a day. Minimum purchase amount of 1 gold.
5. Tap the check mark, and then choose your preferred payment method in the window that appears.
6. Tap Proceed to make payment. Once the transaction is confirmed, the gold should appear in your locker within a few minutes. It may be noted that you cannot cancel a purchase once the transaction has been processed. However, you can sell it back at the current market price.
Digital Gold: How To Buy It Through Paytm
Step 1: Open the Paytm app on your mobile phone and go to the All Services section.
Step 2: Go to the search bar and search for the term gold and click on it.
Step 3: Choose from the options – Buy in Amount or Buy in Grams and then enter the amount you want to buy and click on proceed.
Step 4: Complete the purchase to buy digital gold. You can pay through Paytm Wallet, UPI, Net Banking, Debit or Credit Card.
