Is Upstox safe for gold investment?

Be rest assured that Augmont is safe and secure. They have been our reliable Digital Gold Partner for years. However, in order to follow the regulatory directives we had no other option but to discontinue Digital Gold on our platform.

Is SGB available in Upstox?

Both UPSTOX Gold (Digital Gold) and SGB are good medium to invest your money. You Should Choose Upstox Gold or Digital Gold over SBG : You could buy it any time 24×7. Invest in it instantly and as low as ₹1.

How good is Upstox gold?

The Upstox Digital Gold platform enables customers to buy 24-karat digital gold of 99.9\% purity at live market rates, updated in real-time on the platform. The purchased gold can then be converted into physical coins/bars or stored in the vault.

Why is Upstox discontinuing digital gold?

Due to regulatory directives the Digital Gold platform has been discontinued by brokers.

Is Upstox gold Quora safe?

Yes, Upstox is a safe platform because it is SEBI registered. Upstox SEBI Registration No. is INZ000185137 (as RKSV Securities India Pvt Ltd). Even Investors like Ratan Tata, Tiger Global trust on Upstox and invested in it. It is also a member of NSE, BSE and MCX Stock Exchanges and CDSL depositories.

What is the price of Sovereign gold Bond?

The government, in consultation with the Reserve Bank of India (RBI), has decided to allow a discount of Rs 50 per gram from the issue price to investors who apply online and make payments through digital mode. For such investors, the issue price of gold bonds will be Rs 4,741 per gram of gold.

Why was Upstox discontinued Digital Gold?

Can I get physical gold from Upstox?

With Digital Gold on Upstox, you can get the highest purity, security, convenience and transparency, along with the option to convert it to physical gold. The gold you purchase will be of the highest quality (24 karat, gold purity is 99.9\%).