For years, Dhanteras has been an occasion to head out and buy gold, silver, utensils, or other new items. A recent change in this custom, which has been passed down from one generation to another, is with the entry of digital gold. This seemingly innovative approach allows people to invest in gold without physically owning it, making it more in line with an investment.
What Is Digital Gold?
Digital gold is the modern way of investing in gold. The term refers to physical gold that has been entrusted to a third-party provider. The gold, secured by a third-party provider, is kept in insured vaults by companies like MMTC-PAMP, SafeGold, and Augmont. And each investment is backed by real physical gold that can be sold at market rate or physically delivered to your doorstep.
How to Buy Digital Gold on Dhanteras 2025
Check out the following steps to buy digital gold on Dhanteras 2025.
Choose a Reputable Site
The best app-enabled digital gold options are Paytm, Google Pay, PhonePe, Amazon Pay, Airtel Payments Bank, Groww, and DigiGold. They collaborate with certified gold custodians to make storage secure and certified pure. Apart from these, Tanishq, MMTC-PAMP, Carat Lane, and several other platforms also allow users to invest in digital gold.
Set up and Turn on the Account
Install an app that you prefer and create an account. Most platforms require minimal KYC details (name, phone, sometimes PAN with high-limit) to comply with the norms of investments.
Choose Investment Amount
As low as ₹1 can be invested/bought in grams—the ideal way to make an auspicious purchase on Dhanteras, regardless of budget. The spot price of live gold is shown, and time and quantity are under your control.
Full Settlement
Pay via UPI, credit/debit card, or net banking. The digital gold balance is updated right away. Each gram bought is supported by an equal weight of an insured vault-stored 24K gold.
Storage and Redemption
Your gold is also electronically tracked via an account. You can redeem at market rates prevailing at the time or trade holdings to physical coins, bars, or jewellery to be mailed (additional delivery/minting fees apply).
Benefits of Digital Gold
- Convenience: No physical handling required, buy, sell, or gift 24K gold in seconds from home
- High Purity: Minimum 99.5% purity assured, partnered only with government-linked or well-audited vaults
- Secure Storage: No theft risk, vaults are insured and managed professionally
- Liquidity: Sell anytime at current spot rates via the app
- Redemption: Physical delivery available if you reach desired holdings
Important Things to Know About Digital Gold:
- Not regulated by SEBI/RBI
- Conversion and delivery of physical gold have extra fees and minimums
In conclusion, digital gold is the modern way of buying gold for investors. It is the perfect choice for people looking for a secure and flexible way to invest in gold or purchase it for Dhanteras 2025.
ALSO READ: Dhanteras 2025: Get Gold Delivered to Your Doorsteps in 10 Minutes | Step-by-Step Process
