Top 10 Apps to Invest in Gold in India

Investing in gold is a time-honored tradition in India, often associated with auspicious occasions and wealth generation. With the advent of digital platforms, investing in gold has become easier than ever. In this article, we will explore the top 10 apps for investing in gold in India.

1. Paytm Gold

Paytm Gold, offered by the widely-used digital wallet Paytm, is a highly popular gold investment app in India.

• Allows buying gold for as low as Re.1
• Offers 24K 999.9 purity gold
• Facility to store in lockers without any storage costs
• Option to get gold delivered at your doorstep

2. PhonePe Gold

PhonePe, another major player in the Indian digital wallet market, also offers gold investment facilities.

• Gold can be bought and sold at live market rates
• Offers 24K gold
• Assurance of SafeGold or MMTC-PAMP gold
• Option to see real-time gold balance in the app

3. Google Pay Gold

Google Pay (GPay) is yet another digital wallet that allows investment in gold.

• Collaborates with MMTC-PAMP India to offer gold investment
• Gold is stored in secure vaults by MMTC-PAMP
• Facility to buy and sell gold anytime at the latest price
• Easy redemption in the form of physical gold

4. Motilal Oswal Gold

Motilal Oswal, one of India’s top brokerage firms, offers a dedicated gold investment app.

• Offers gold ETFs and gold mutual funds
• Real-time market updates
• Option for SIP in gold funds
• 24/7 customer support

5. Kuvera

Kuvera is a free-to-use web platform that allows you to invest in gold funds.

• Direct mutual funds with no commissions
• Option to invest in digital gold
• Provides goal-based investment advice
• Facility to track all investments in one place

6. Groww

Groww is an app that simplifies investing in gold ETFs and gold mutual funds.

• Easy user interface
• Offers a variety of gold investment options
• Direct mutual funds with zero commission
• Facility to set up SIP in gold funds

7. Upstox Gold

Upstox is a well-known stock trading platform that also offers gold investment options.

• Facility to invest in Digital Gold and Sovereign Gold Bonds
• Real-time market updates
• Transparent pricing
• 24/7 customer support

8. HDFC Securities

HDFC Securities, the popular broking arm of HDFC Bank, offers gold investment options.

• Offers Gold ETFs and Sovereign Gold Bonds
• Real-time tracking of investments
• Reliable customer service
• Backed by a well-reputed banking institution

9. Augmont Gold

Augmont Gold is an app specifically designed for gold investments.

• Gold and silver buying options
• Gold can be bought for as low as Re.1
• Secure vault storage
• Easy home delivery option

10. SafeGold

SafeGold is a convenient and secure gold investment app.

• 24K gold of 999.9 purity
• Gold is securely stored and insured
• Facility to convert gold into coins/bars
• User-friendly interface

Investing in gold in India is now at your fingertips. These apps are equipped with features to make your gold investment journey simple and profitable. Remember, every investment comes with its own risks and rewards. It’s always advisable to understand these aspects before diving in.

(Please note: All the information mentioned above is subject to the terms and conditions of the respective app. Please read the terms and conditions carefully before making any investment)