Is it safe to buy digital gold from Paytm?

You can buy gold starting ₹1 on your Paytm app. With Paytm Gold, your Gold is safe in 100\% insured lockers with MMTC-PAMP, that too at no extra charges. With Paytm Gold, you can request delivery of your gold anytime, and we get it delivered to your doorstep in no time via a secured delivery network.

Which is the best platform to invest in digital gold?

9 Best Platforms To Invest In E-gold | Digital Gold Investment in 2021

• Phonepe.
• Google Pay.
• Groww.
• Airtel Payments Bank.
• Amazon.in.
• HDFC Securities.
• Motilal Oswal.
• Upstox.

Is there any benefit of Paytm gold?

Paytm Gold comes with multiple features and benefits. Your Gold is kept safe in 100\% insured lockers with MMTC-PAMP or Augmont Gold, at no extra charges. DeliveryDoorstep Delivery Across India. Request delivery of your gold anytime, and it will be delivered to your doorstep in no time via a secured delivery network.

Is MMTC PAMP digital gold safe?

(4) All investments made into digital gold are secure as all gold is assigned under the direct ownership of the investor as physical gold and kept in MMTC-PAMP’s highly secure and insured refinery. Additional security is provided by IDBI Trusteeship which acts as a custodian keeping all your gold as safe as can be.

Is digital gold worth investing?

Investing in gold in electronic format through ETFs and gold funds is considered a better investment option over buying physical gold as the latter entails high costs in the form of making charges, which are deducted at the time of selling the gold product.

Is digital gold a good investment?

How is it better than buying physical gold? It essentially facilitates holding gold virtually without owning a safe or bank locker. So you don’t have to worry about storage and security. Digital gold investment is made in certified 24 carat, 999.9 pure gold held in the vaults of the custodian.