Digital Gold UPI: Big news for UPI users. Nowadays, when everything is done through mobile phones 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 Rs 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 today. Its biggest advantage is that you can start with a very small amount. There are no storage concerns 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 us know the method of buying gold through Paytm and Google Pay.

How to buy digital gold from Paytm?

First of all open 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”.

You can buy gold from as little as ₹ 10 using the Save Daily option.

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 Rs 201, Rs 501 will be displayed or you can enter your own amount

You will also get the option to “Sell” here, which means you can sell it whenever you want.

999 vs 995 Gold: Which is purer?

Whenever you buy physical gold, you’ll likely notice 999 or 995 markings on jewelry or gold coins. 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 the small amount of alloy makes it more durable. If you’re buying physical gold for investment or gifting, the 999 option is considered preferable.