Akshaya Tritiya 2022: Click here to know how to buy gold through Google Pay?

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The Hindu festival of Akshaya Tritiya, also known as Akshaya Tritiya or Akha Teej, is nearby and is celebrated with much fanfare by Hindus.

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The occasion of Akshaya Tritiya is considered extremely auspicious for Hindus and is celebrated by buying gold. It is believed that buying gold brings prosperity and more money in the future.

Now, with the pandemic, things are moving up in the digital space, it is also possible to buy gold online (digital gold). Gone are the days when one had to go to a jeweler to buy gold.

What is digital gold?

Digital Gold is an investment tool that allows buyers to buy 24 karat, 999.9 pure gold, which is then deposited in their secure vault. This gold can be traded in 24 carat, 999.9 pure gold coins and also in gold bars.

Where can you buy digital gold?

With brokerage businesses like Paytm Money, HDFC Securities, Motilal Oswal, digital gold can be bought on JioPay and PhonePe.

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Steps to Buy Gold with Google Pay

Step 1: Open Google Pay app and tap New

Step 2: Enter 'Gold Locker' in the search section

Step 3: Click on Gold Locker and click on Buy.

Step 4: Enter the amount of gold you wish to buy in INR

Step 5: Choose your preferred payment method and complete the payment.

Notably, the minimum amount of gold that the user needs to buy is 1 gram.

Steps to Sell Gold Through Google Pay

Step 1: Open Google Pay app and tap on New.

Step 2: Enter 'Gold Locker' in the search section.

Step 3: Select Sell option.

Step 4: Enter the weight of the gold you want to sell in milligrams.

Step 5: Once the sale is approved, the funds should be available in your account.