For example, if gold is at $1200 per ounce and silver is at $15 per ounce, the ratio would be calculated as $1200/$15 = 80. In keeping with India’s transition to a digital economy, we have designed a range of digital plans open sale back window) at prevailing live sell-back price of gold of 999.9 purity, during the offer period as may be announced / permitted by MMTC-PAMP. But when it comes to 999.9 Purity the price gets expensive. Online payment apps like Google Pay and Paytm allow customers to purchase 99.99 percent pure 24k gold digitally for an amount as little as one rupee through MMTC-PAMP. It can also be bought via payment apps Any resident or non-resident Indian can buy digital gold. Gold Price forecast for February 2021. The digital gold price is the same across India, so you can buy and sell gold at the market-linked rate, with each quantity of gold purchased backed by actual physical gold. This feature allows us to serve an emerging digitally oriented consumer market while also bringing in material transparency into gold transactions. on-line buying of gold on Paytm platform, in its endeavor to change the way Indians save. In addition to just examining gold price charts, you can also use the gold/silver ratio price chart. All Rights Reserved. Each gram bought by an investor is backed by an actual physical gold, which can be easily sold back online at market-linked gold rate. The gold price will be determined based on the daily updated prices based on international live prices plus applicable taxes. From your Locker, you can view all your transactions, buy gold or sell gold back to MMTC-PAMP. the drive in our industry to bring complete transparency & good governance, in line with our nation’s development Digital gold is offered by MMTC-PAMP, Safegold, AugmontGoldtech and Stock Holding Corp of India Ltd. Both SafeGold & MMTC-PAMP products (gold coins/bars) are certified for purity by government-appointed assay certifying agencies. You cannot buy and sell on the same day. You can decide to retain your purchases within your secure digital vault or choose from our wide range of 999.9 purest gold bars and coins for efficient delivery directly to your doorstep. MMTC-PAMP offers a wide range of gold and silver products & services, adhering to the best quality standards & produced by the most contemporary practices. NIL-negative tolerance standards ensure the purity and weights of our products are always greater than or equal to what you purchase, As an LBMA-accredited gold and silver refinery, our gold prices are linked to international market rates available 24-hours a day, 365-days a year, The gold you buy online is allocated as physical gold under your direct ownership and stored within fully insured, certified vaults located on our highly secure premises, Choose from our wide range of highest purity gold bars and coins in a comprehensive selection of weights for secure and convenient home delivery, Resell your stored Digital Gold to MMTC-PAMP at the current live market price. Although both, Digital gold and Goldrush, are offered under MMTC-PAMP's GAP, some features such as minimum amount for which you can buy gold are different. 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