Freecharge joins hands with SafeGold to launch digital gold offering
This offering will enable customers to easily buy gold online, eliminating the hassles related to transparency, security and storage of gold.
Now, PhonePe joins hands with SafeGold for digital gold product
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Though small, sale of digital gold on the rise
Private equity fund Invent Capital owns majority stake in Safe-Gold while World Gold Council holds a minority stake.
MobiKwik says its customers can now convert their digital gold to gold jewellery from CaratLane
In a first, this new offering in the ‘Gold’ category will enable users to purchase gold jewellery of their choice, against their digital gold balance.
How to buy gold online? Here are three ways
For investing in gold, you can take these routes - Gold ETFs, gold MFs, physical gold & now digital gold.
One-Rupee gold lures Indians as sellers seek to boost demand
Indians are buying gold for as little as one rupee as retailers offer online sales in bite-sized portions to prop up shrinking demand in the country.
MobiKwik launches digital gold on its app
As the festive season has set in, MobiKwik has tied up with `SafeGold’, a digital platform that allows customers to buy, sell and receive vaulted gold.
TMW introduces digital gold
TMW users can buy the gold and store the gold for up to five years without having to pay only storage fees.
PhonePe has reported a 400% jump in digital gold sold through its platform
The company said that during the Akshay Tritiya festive season PhonePe saw around 45kgs of gold being sold worth over Rs 15 crore with a large chunk of the transactions coming from Andhra Pradesh, West Bengal, Gaya and Hisaar.
How different forms of gold are taxed
While buying gold in any of these forms it is important to know how it is taxed at the time of buying and selling.
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