Digital gold is an alternative method of buying physical gold. You can buy digital gold online through the ONE Muthoot App and we will store the equivalent quantity of physical gold in an insured vault. You will have the option to sell a fraction of the entire holding at the current market price anytime or start a SIP from the app as well. Digital Gold is the safest way to invest in 24 Karat Gold. The following are the benefits of investing in Digital Gold.
Click to learn the advantages of digital gold
What are the uses of digital gold?
Invest in Digital Gold:
You can start investing in Digital Gold from our app with as low as Rs.1/-. Your Digital Gold investment can help you in building your gold assets in smaller instalments. You can also choose to start a SIP in digital gold with to invest in gold either weekly or monthly. Click to know how you can start investing in Digital Gold.
Sell the Digital Gold:
You can buy at low and sell at high to make a capital gain. Physical gold investment requires a lot of money, whereas with digital gold, you can buy fractions starting with Rs.1/- and you can scale up your gold investments over time.
Benefits of investing in digital gold
Genuineness of Gold
Due to malpractices or irregularities, physical gold may contain impurities and the prices may vary from city to seller. You get 99.99 pure certified 24 Karat gold when you buy Digital Gold with us. Digital Gold price is transparent, uniform across the country and live so you can transact on current market prices.
Security of gold at free of cost
Your Digital Gold is automatically insured with us. We also store your gold safely in lockers without any charges. Moreover, Digital gold is not exposed to any deterioration, but gold in the form of jewellery is sensitive to wear and tear due to daily use over time.
Ease of exchange
Liquidating physical gold is a tedious process as it needs proof of purchase from a genuine seller and there can be a fluctuation in the price. Digital Gold offers instant liquidity in a fraction of a second. You can sell Digital Gold from our app itself.
Digital gold comes with a lot of flexibility in terms of purity, ease of transaction, and hence higher return on investments. It is a lucrative option for investment even though clearly defined regulations are absent. Start your Digital Gold investment journey
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Uses of digital gold
ChickLitONE Muthoot, is a fintech start-up, building a financial ecosystem where customers can access relevant and reliable digital services