Business News Desk – Mukesh Ambani has given a tremendous gift to crores of people before Diwali. Actually, Jio Financial Services has launched SmartGold on its JioFinance app, from where users can easily invest in digital gold. The special thing is that you can start investing with just Rs 10. This new feature is best for those who are thinking of investing in gold on Dhanteras today.
You can invest in rupees or grams
SmartGold offers a completely digital experience, wherein users can invest in gold in rupees or grams. Investors can also order pure gold coins in different sizes like 0.5 gram, 1 gram, 2 gram, 5 gram and 10 gram for home delivery. The platform also offers redemption options in cash, gold coins or jewellery, making it easier for users to convert investments into cash.
Gold prices will be available in real-time
For security purposes, the physical gold linked to customers’ investments is kept in safes. The JioFinance app also displays gold prices in real-time, providing complete transparency to investors. In view of the festive season, when buying gold is considered auspicious, SmartGold aims to simplify the process for users who want to invest in gold. The move not only encourages traditional gold purchases but also provides an easy way for people to start investing with small amounts. SmartGold’s user-friendly approach and flexibility could make digital gold a preferred choice among new investors.
Many apps including Paytm also provide this facility.
Apart from this, if you want, you can also buy gold from Paytm, Google Pay or PhonePe. To buy gold from Paytm, first open the Paytm app, click on Paytm Gold and you can buy digital gold up to Rs 2,00,000 at a time. There are almost always limited time offers and deals available when buying digital gold on Paytm.
