How to buy gold or silver online? (Image source: iStock)
New Delhi: With Dhanteras falling on October 29, 2024 (Tuesday), many people are gearing up to buy gold and silver, a tradition believed to bring good fortune and prosperity. However, shopping in crowded jewelry stores during festive hours can be a hassle. For those looking to avoid long lines, buying gold and silver online is a quick and convenient option.
What is MMTC-PAMP?
A reliable platform to buy precious metals is MMTC-PAMP, a joint venture between MMTC (Metals and Minerals Trading Corporation of India), a Government of India company, and PAMP, a major Swiss gold refiner.
How to buy gold or silver?
Here is a step-by-step guide to help you buy gold or silver from the MMTC-PAMP website safely and easily.
– Visit the MMTC-PAMP website and click on the ‘Products’ section to select gold or silver items.
– For example, if you choose silver, you will be directed to a page displaying a variety of silver coins, bars, and engraved items. Browse the collection and click the “BUY NOW” button once you find the product you want.
– You can add more items to your cart or go directly to the checkout page.
– On the checkout page, you can apply coupon codes if available. Then select ‘PAY SECURELY’ to continue. You will be asked to log in or create an account on the MMTC-PAMP platform. Enter your shipping address and then click ‘PROCEED TO CHECKOUT’.
– MMTC-PAMP uses Razorpay as a payment gateway, which supports multiple payment methods such as credit/debit cards, net banking and UPI. Please note that cash on delivery is not available.
Required document
If your purchase amount exceeds Rs 2 lakh, you will need to provide your PAN details. Make sure the name on your PAN matches the billing address to avoid issues during payment, as per MMTC-PAMP guidelines.
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