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This Dhanteras, buying digital gold on these platforms can save you a trip to the local jeweller

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Diwali is just around the corner, and today is Dhanteras when most Indians step out to buy something gold. Now, these platforms can help you do that online – with digital gold.

Before Diwali, comes Dhanteras. A day believed to increase wealth and prosperity when families and individuals across the country buy items of precious metals as a sign of good luck.

These precious metals include new utensils and pieces of silver and gold jewellery and coins. Data suggests that buying activity was more pronounced for gold and silver coins during the auspicious occasion this year.

A report in PTI states that bullion traders said sales were nearly 20 percent higher, and are expected to pick up later in the day on offers including discount on diamond jewellery, and on making charges of gold jewellery apart from other incentives.

In the national capital New Delhi, gold of 99.9 percent and 99.5 percent purity are traded higher by Rs 40 each to Rs 32,690 and Rs 32,540 per 10 gram respectively. Further, it rose by another Rs 20 on Saturday.

Sovereign gold, however, held flat at Rs 24,900 per piece of 8 gram.

[Image credit: Shutterstock]

This Dhanteras, here’s a look at payment platforms providing digital gold.


Last July, Indian financial payments behemoth Paytm announced the launch of digital gold on its platform, allowing users to buy Gold for as less as Re 1.


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