Digital Gold is a convenient way of purchasing pure gold online, at live market rates. View your Digital Gold in your portfolio and sell or redeem it as per your convenience.
The Digital Gold offering of Upstox Gold is a convenient, safe, and secure option of purchasing pure physical gold online, from the comfort of your home. Please note that Upstox Gold is only the distributor of Digital Gold. The buying and selling of gold is powered by our partner, Augmont.
With Digital Gold on Upstox Gold, you get the highest purity, security, convenience and transparency, along with the option to convert it to physical gold.
You can be assured that the gold you purchase will be of the highest quality (24 karat, gold purity is 99.9%).
Further, you don’t have to spend additional money to rent a safe deposit vault, as your gold is stored in fully insured, 100% secure vaults by Brink’s, which is a global leader in secure logistics and security solutions.
You can buy gold from ₹1, so it’s affordable for every investor. What’s more, you can view your Digital Gold holdings in your portfolio, and redeem it at any time 24x7, if you wish!
There is no need to save a huge amount to buy gold. You can buy Digital Gold from ₹1.
Customers can buy Digital Gold worth up to ₹1,99,999 in a single transaction. However, there is no limit on the number of transactions. Thus, there is no maximum limit on the amount of Digital Gold that customers can purchase.
The Digital Gold on Upstox Gold is certified by the Bureau of Indian Standards (BIS). Thus, you are assured of the highest level of purity.
On Upstox Gold, we offer Digital Gold at the current market price, with zero making charges. The price is updated real-time throughout the day. However, when a purchase/sale transaction is initiated, the price is locked for 5 minutes. In case the transaction is not completed within 5 minutes, the price expires and is refreshed according to the current market price.
Buying Digital Gold on Upstox Gold is really easy. Just follow the following steps:
All customers of Upstox Gold can buy Digital Gold on the Upstox Gold platform.
The physical gold is stored in Brink’s vaults, utilised by various banks in India and also by various asset management companies (AMCs) for their gold ETFs. The gold is insured by a leading insurance company at the time of delivery in transit. There are no charges for storage or insurance.
Selling Digital Gold on Upstox Gold is as easy as buying. Just follow these steps:
You can sell your gold any time after 5 days from the date of purchase.
Once, a transaction is successfully completed, it cannot be cancelled. You may, however, make a new purchase/sale for the same amount of gold at the prevailing market price.
You can pay for the purchase of Digital Gold via UPI or net banking. When you sell Digital Gold, the amount will be credited directly to your bank account linked to Upstox Gold.