Primary Attributes
of Digital Gold Investment
Convenience
Invest in gold without the need to physically
store or handle the metal. All transactions
are
conducted online, making it a convenient way to
buy and sell gold.
Fractional Ownership
Digital gold platforms allow you to buy and own
fractional amounts of gold, making it
accessible to
a wider range of investors with different budgets.
Real-time Pricing
Digital gold platforms often provide real-time
pricing, allowing you to track the value
of your
investment at any moment.
Liquidity
It's relatively easy to convert your digital gold
holdings back into cash, providing a
level of
liquidity that physical gold may not offer.
Secure Storage
The gold you purchase digitally is typically
stored securely in vaults by trusted
custodians,
eliminating concerns about physical storage and
security.
No Making Charges
When you buy physical gold, there are often
additional charges for making jewelry. With
digital
gold, you're investing in the metal itself without these
additional costs.
Easy Diversification
Adding digital gold to your investment portfolio
can provide diversification benefits, as
it's not
directly correlated with traditional financial markets.
Low Minimum
Investment
Many platforms allow you to start investing
in digital gold with a relatively low minimum
investment, making it accessible to beginners.
Accessibility
You can invest in digital gold from the comfort
of your home using a computer or
smartphone,
eliminating the need to visit physical stores or dealers.
Transparency
Reputable digital gold providers often provide
transparency about the source and purity
of the
gold they offer.
Tax Efficiency
Depending on your jurisdiction, investing in
digital gold might have tax advantages
compared
to physical gold, as it might be considered a financial
asset rather than a
collectible.
No Storage Costs
Unlike physical gold, you don't need to worry
about storage costs or the security of
keeping
the gold safe.
Ease of Tracking
Digital platforms provide tools to track your
gold holdings and their value over time,
helping
you stay informed about your investment.
Global Access
Many digital gold platforms offer access to gold
markets from around the world, giving
you the ability
to invest in various types of gold products.
Auto-Investment
Options
Some platforms allow you to set up automatic
purchases of digital gold at regular
intervals,
enabling disciplined investing.
No Geographical
Restrictions
Digital gold investing isn't bound by geographical
limitations, allowing investors from
various countries
to participate.
Frequently Asked Questions
About Digital Gold
DigiGold facilitates the purchase of physical bullion (i.e. bars of Gold/Silver) for as low as Re. 1 with the ease of online access. The customer can request for the delivery of Gold/Silver purchased from Augmont anytime they want in the form of coins/ bars and jewellery and it will be delivered at your doorstep. Customers can also sell the bullion (bought from us) in a secured and convenient manner back to Augmont.
Augmont, through its online platform, offers 24 carat 999 Gold and 24 carat 999 Silver.
- Ease of Account Opening - Opening an Account with us is a quite simple, hassle- free process.
- Minimum Verification - Only mobile number verification is required for successful registration.
- No Additional Costs - No brokerage is charged. No charges for storage and insurance.
- Small Quantity - Augmont enables the purchase of Gold and Silver for as low as Rs. 1
- Better Prices - The bullion is available at wholesale market prices.
- Buy Back - You can sell the bullion bought from us at very low spreads.
- Delivery - The customer can avail delivery of bullion at their doorstep.
- Dedicated Customer Service - Contact the Customer Service Desk by Email, Whatsapp and Call during business hours of 10:00 am to 7:00 pm from Monday to Saturday except on public holidays.
The Buy & Sell prices are quoted on the basis of wholesale prices in the spot market. We share the benefit of wholesale market prices with our customers, making us more competitive as compared to others
On Augmont Gold for All, any resident Indian with a valid PAN/Form 60 and a bank account can start purchasing DigiGold. You must simply register by entering your mobile number and verifying it with the OTP supplied to you.
You can buy any quantity of Gold/Silver on Augmont. The minimum amount of purchase allowed is Re.1 However, you are allowed to sell only the Gold/Silver that you have bought from us. You are not allowed to sell the gold or silver until 48 hours from the purchase time for security reasons.
The Buy and Sell prices are calculated using wholesale spot market pricing. We pass on the benefits from wholesale market prices to our consumers, making us more competitive than the competition.
All our prices quoted on the website are exclusive of GST and other applicable taxes. The applicable GST is added to the quoted price at the final stage of checkout.
The price for Gold/Silver (i.e. Buy/Sell) is displayed on the Augmont website, and there is always a little disparity between the buy and sell prices. The spread varies depending on a variety of factors such as price volatility, supply, and external market circumstances. On the platform, we transperately quote live prices. Furthermore, GST, which is imposed on the buy price, is not levied on the sell price, and there are other charges for payment gateways, trustees, and other services that contribute to the difference between the buy and sell prices.
You receive the sale proceeds in your confirmed bank account when you sell your gold or silver. Within three working days, the funds will be credited to your bank account. You can contact our customer care if there are any delays.
You can sell back at the market prices which are displayed on the website on a real- time basis. There are no additional charges.
You can buy gold and silver for as low as Re. 1 up to four decimal grams
You can download the invoice from the My Orders section in the buy reports.
Customers can monitor their activities on the website by viewing all transactional details in the ‘My Orders' section. To keep track of all the transactions, there are separate reports such as Buy Reports, Sell Reports, and My Orders, among others.
Once orders have been successfully placed, they cannot be cancelled.
