Diwaker is a writer who makes sure to save money. For the last 5 years, he has put ₹5,000 every month into digital gold. Due to the constant rise in gold prices, small savings grew day by day.

Year	Monthly Investment	Total Investment	Current Value
1	₹5,000	₹60,000	₹70,000
2	₹5,000	₹1,20,000	₹1,50,000
3	₹5,000	₹1,80,000	₹2,40,000
4	₹5,000	₹2,40,000	₹3,50,000
5	₹5,000	₹3,00,000	₹4,80,000

At the beginning, Diwaker earned only ₹5,000 a month. Since purchasing gold 5 years prior, that sum of ₹3,00,000 has increased to around ₹4,80,000. This indicates that making small, consistent investments will result in a sum over the years.

What is Digital Gold?

With digital gold, you can buy real gold without having it in your hands. You won’t own gold as such; it will be in electronic form and protected by reliable companies.

You don’t need lockers; your gold is always kept safe in vaults.
Gold Hindu wedding rings are 24K, so nothing can affect them.
Purchase only an amount of cryptocurrency. You can start with just ₹1.
Converting your gold to cash is effortless.

Example: Diwaker’s Digital Gold Investment

Every month, Diwaker dedicates ₹5,000 to buying digital gold. Gradually over 5 years, his small savings became much larger.

Read More – How to Calculate Gold Rate: All You Need to Know

Year	Monthly Investment	Total Investment	Current Value
1	₹5,000	₹60,000	₹70,000
2	₹5,000	₹1,20,000	₹1,50,000
3	₹5,000	₹1,80,000	₹2,40,000
4	₹5,000	₹2,40,000	₹3,50,000
5	₹5,000	₹3,00,000	₹4,80,000

Although Diwaker invested ₹3,00,000 in digital gold, his investment is now worth ₹4,80,000 because the price of gold has gone up. This demonstrates how, little by little, your savings can rise over the years.

Investing in digital gold is straightforward, safe, and you don’t need to worry about physically storing your gold.

Where Can You Buy Digital Gold?

You can easily buy digital gold through platforms you can trust. Every month, Diwaker purchases digital gold using various applications as a content writer. Here are the most recommended places to purchase digital gold:

Mobile Payment Apps (Easy for small investments)

Investment Apps (Good for tracking growth)

Groww
ET Money
Upstox

Bank Apps (Safe and regulated)

Gold Specialists (Best for purity assurance)

MMTC-PAMP
SafeGold
Augmont

Comparison of Platforms Diwaker Uses

Platform	Minimum Investment	Selling Time	Storage Fee
Google Pay	₹1	Instant	Free First Year
Groww	₹100	1-2 days	0.5% after 1 year
HDFC Bank	₹1,000	1 day	0.5% after 1 year
SafeGold	₹10	Instant	0.5% after 1 year

Diwaker likes using Google Pay to invest his monthly savings because:

An investor can get started with only ₹1.
He can always count on an instant sale when he needs money.
The service is free during the first year.

Because he invests more than the daily limits, he oversees his portfolio through Groww. HDFC is a safe bank, but it does require you to invest more funds.

If you want digital gold, all you have to do is choose a secure website and invest a small amount, as Diwaker did.

Step-by-Step Guide to Buying Digital Gold

Every month, the content writer, Diwaker, buys digital gold. This is how David accomplishes his work step by step:

Choose an App

Diwaker uses Google Pay because it's easy. Other options:

PhonePe
Groww
Bank apps (HDFC, SBI)
Complete KYC
Upload PAN card
Verify with Aadhaar
Link a bank account
Find the Gold Section
Open app
Look for "Gold" or "Investments"
Enter Amount
Diwaker invests ₹5,000 monthly
Can start with as low as ₹1
Make Payment
Pay via UPI or debit card
Gold gets added instantly

Step	Diwaker's Action	Time Taken
1. Sign Up	Creates a Google Pay account	5 minutes
2. KYC	Upload PAN/Aadhaar	10 minutes
3. Select Gold	Click “Buy Gold.”	1 minutes
4. Enter ₹5,000	Types Amount	30 second
5. Pay	Uses UPI	Instant

Track Investment
- Checks the gold value daily.
- Can sell anytime.

Diwaker spends just 15 minutes monthly to invest. The gold stays safe in his app, growing in value over time. He can sell or convert to physical gold whenever needed.

How to Sell Digital Gold?

Because Diwaker had some expenses last month, he decided to cash in a bit of his digital gold. This is the method he used:

Opened his gold investment app

Diwaker used Google Pay, where he had been buying gold.
Other apps like PhonePe or Groww work similarly.

Went to the gold section

Found his accumulated gold balance.
Checked current gold rates before selling.

3.Selected "Sell Gold" option

Choose to sell either by amount (₹3,000) or by grams (0.5g).
Diwaker sold ₹5,000 worth of gold.

4.

Confirmed the transaction

Verified the selling price per gram.
Checked any small charges (usually 1-3%).

5.Received payment

Money came to his linked bank account.
Took about 1 hour to reflect.

Diwaker learned some important things:

Selling is as easy as buying.
Best to sell when gold prices are high.
Small charges apply, so better to sell larger amounts at once.
Money comes quickly to a bank account.

Diwaker can take out his gold money whenever he requires it, with the rest being kept in investments to grow for the future. He has chosen to deal with only small amounts when he has to and to keep most of the gold for growth over the years.

Fees & Charges for Digital Gold

He realised that handling digital gold for buying and selling requires paying minimal fees. This is what he has to pay:

Charge Type	Diwaker's Platform (Google Pay)	Other Platforms
Buying Fee	3% of the purchase amount	1-3%
Selling Fee	3% of the sale amount	1-3%
Storage Fee	Free first year, then 0.5% yearly	0.5-1% yearly

Key points Diwaker noticed:

Fees are small but add up over time.
Some apps charge lower fees than others.
Storage fees start after one year.
Better to buy larger amounts less frequently to reduce the fee impact.

Before making a purchase, Diwaker looks at the fees, and he now prefers using exchanges with cheaper fees for his monthly investments.

Conclusion

Diwaker used digital gold and found it simple and effective for most people. He was a good investor in gold by regularly adding ₹5,000 each month to his Google Pay account. After five years, ₹3,00,000 grew to ₹4,80,000, showing that slow, steady saving can result in a large gain. He didn’t have any trouble, as buying involved a few clicks and selling was just the same.

Also Read - Gold Loan Interest Calculation 2025: A Clear Guide

He realised 3% charges when he bought and sold were worth the benefits. Diwaker’s story proves that digital gold is an easy way for anyone to start investing in gold, as you can buy or sell it whenever needed and never worry about storage. He now relies on using Grauburg endowment certificates for buying and holding gold.

FAQs

1. What is digital gold?

Digital gold is a way to buy real gold online without holding physical coins or jewelry. Your gold is stored securely by trusted companies, and you can buy or sell it anytime through apps.

2. Is digital gold real gold?

Yes, it’s real 24K gold stored in safe vaults. You can even convert it into physical gold coins or jewelry if needed.

3. How much do I need to start investing?

You can start with as little as ₹1. Diwaker invests ₹5,000 monthly, but even small amounts add up over time.

4. Where can I buy digital gold?

Popular apps like Google Pay, PhonePe, Groww, and bank apps like HDFC or SBI allow you to buy digital gold easily.

5. Are there any fees?

Yes, most platforms charge 1-3% when buying or selling. Some also charge 0.5% yearly storage fees after the first year.

6. How do I sell digital gold?

Open your app, go to the gold section, select "Sell," enter the amount, and the money comes to your bank account in hours.

7. Can I get physical gold if I want?

Yes, many platforms let you convert digital gold into coins or jewelry, though small making charges may apply.

8. Is digital gold safe?

Yes, if you buy from trusted providers like MMTC-PAMP, SafeGold, or bank-backed apps. Avoid unknown platforms.

9. How is digital gold better than physical gold?

No storage worries, no risk of theft, and you can buy small amounts. Physical gold needs safekeeping and has making charges.

10. Do I pay taxes on digital gold?

If sold within 3 years, profits are added to your income and taxed. After 3 years, a 20% tax applies with indexation benefits.