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How to buy gold online: Now there’s no need to visit a jewelry shop to buy gold. Using apps like Paytm and Google Pay, you can buy digital gold for just ₹10. You can sell it or exchange it for physical gold at any time.
How to buy gold online: Nowadays, when everything is done through mobile and the internet, why should buying gold be left behind? Now, you don’t need to go to a jewelry shop and stand in long lines. All you need is a UPI app, and you can buy digital gold from the comfort of your home for as little as ₹10. This method is not only easy but also completely secure.
Why is digital gold a profitable investment?
First, learn about the benefits of digital gold. Digital gold has become a smart and convenient investment option these days. Its biggest advantage is that you can start with a very small amount. There’s no worry about storage or fear of theft, as the gold is kept safe in a bank-approved vault. You can convert it into physical gold coins or bars at any time, making it a great gifting option for festivals or weddings.
Let’s learn how to buy gold with Paytm and Google Pay.
How to buy digital gold with Paytm? (How to buy gold through Paytm)
- First, open the Paytm app.
- Type “gold” in the search bar.
- The Gold section will open, where you will find two options: “Save Daily” and “Buy Lump Sum.”
- With the Save Daily option, you can buy gold for as little as ₹10.
- You can convert this digital gold into physical gold coins whenever you want.
How to buy gold through Google Pay
- Open the Google Pay app
- Type “Gold” in the search bar
- Click on the “Buy” option
- Preset amounts like ₹201, ₹501 will appear, or you can enter your own.
- There’s also a “Sell” option here, meaning you can sell whenever you want.
999 vs. 995 Gold: Which is Purer?
Whenever you buy physical gold, you’ll likely notice that jewelry or gold coins are marked with 999 or 995. These numbers indicate the purity of the gold. 999 gold means the item contains 99.9% pure gold, with the remaining 0.1% being other metals. This is considered the purest form and is commonly used in gold coins or bars. 995 gold, on the other hand, contains 99.5% gold, with the remaining 0.5% being a mixture of other metals. This is more common in jewelry because a small amount of alloy makes it more durable. If you’re buying physical gold for investment or gifting, the 999 grade is considered a better option.
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