A lot is being said about digital gold on the Internet as digital natives try to move away from investing in traditional formats of gold to a more convenient and contemporary option of digital gold.
Before you jump on the bandwagon, it is prudent to understand where your digital gold is coming from and the legitimacy and authenticity of the provider. In India, MMTC-PAMP is a leading provider of gold to platforms and partners that are key players in the digital gold market.
Who is MMTC-PAMP?
MMTC-PAMP, India’s only globally accredited refiner and fabricator of authentic, 999.9 pure gold bars and coins, is a joint venture between MMTC Ltd, a Govt of India Undertaking and PAMP S.A. of Switzerland, the world’s most accredited precious metals refinery boasting nearly a half century of global leadership. When you invest in MMTC-PAMP digital gold, you are in fact purchasing 24K, 999.9 pure physical gold, owned exclusively by you, yet digitally stored in your preferred app’s locker or vault, much like securely storing valuable data to a digital Cloud.
Benefits of purchasing MMTC-PAMP gold:
Trust – As the only refinery to be accredited by the London Bullion Market Association (LBMA), they cater to 25% of the country’s refinery requirements. Therefore, their gold is traded based on international market pricing. They are also on the list of The London Good Delivery List of Acceptable Refineries. They have won numerous accolades, such as the Best Refinery of the Year award from the Indian Bullion Jewelry Association (IBJA) and at the Indian International Gold Convention throughout the years 2013-2019. The gold you buy from MMTC-PAMP, physical coins or digital gold, set the benchmark when it comes to quality of the precious metal.
Purity – MMTC-PAMP products will always meet the 24K 999.9 purity criteria. NIL-negative tolerance standards ensure the purity and weights of our products are always greater than or equal to what you purchase. This is what you get when you redeem your digital gold.
Wide network of partners – You can buy digital gold directly from MMTC-PAMP or through their partner networks of trusted names, such as Paytm, Google Pay, PhonePe Motilal Oswal, HDFC Securities, Aditya Birla Capital, and Fisdom.
Affordability – NIL-negative tolerance standards ensure the purity and weights of our products are always greater than or equal to what you purchase.
No lock-in period – While our expert recommendation is to treat digital gold as a long-term wealth-creation investment, you can liquidate your digital gold as early as the next day, and get the money in your account.
Re-sell or transfer – You can resell the gold back to MMTC-PAMP at the day’s market price, or you can opt to transfer it to a friend or family, at no added cost.
More than 100 million customers have trusted MMTC-PAMP with their digital gold investments. With the security, transparency, affordability, and purity associated with the purchase, if you’re looking to invest in gold and diversify and strengthen your investment portfolio, look no further than MMTC-PAMP.