Gold online shopping trend:Jewelers are giving the facility of investment of at least Rs 100 in gold, but delivery only if there is an investment equal to one gram of gold

You Can Buy Gold With As Low As 100 Rupees, Delivery Only For One Gram Gold

Gold online shopping trend:Jewelers are giving the facility of investment of at least Rs 100 in gold, but delivery only if there is an investment equal to one gram of gold

If you want to buy gold, but you do not have a lot of money, then you can start it with 100 rupees. You can buy and take delivery of gold from Tata Tanishq to Kalyan Jewellers. But you will be able to take delivery only when your investment is at least equal to the cost of one gram of gold.

There has been an increase in the interest of young customers especially in the option like SIP of mutual funds.

Jewelers are bringing various offers to sell gold online in view of the festive season. They are placing a big bet on the online sale of gold due to the increasing ease of buying through the Internet. Ramesh Kalyanaraman, executive director, Kalyan Jewellers, says, "Investment options like SIP in gold mutual funds have attracted interest, especially among young customers."

From Tanishq to PC Jewelers, an online shopping facility is being provided in gold

Jewelry companies like Tanishq to PC Jewelers are providing the facility to start investing in gold with a very small amount. The thing is that due to the lockdown imposed due to Kovid-19 last year, the work of jewelers came to a standstill. In such a situation, jewelers started focusing on online mode, different from the traditional way of doing business.

Jewelers selling gold on their website or have tied up with digital gold platforms

Jewelers like Tanishq, Kalyan Jewellers, PC Jewelers, and Senco Gold & Diamonds are offering the option to buy gold up to Rs.100. They are offering to buy gold for such a small amount on their website or for this they have tied up with digital gold platforms.

Due to the epidemic, jewelers have started showing activeness in selling jewelry online.

The concept of buying and selling gold in digital mode is not new. Apart from mobile wallets, platforms such as Augmont Gold for All and World Gold Council-backed SafeGold are offering such products. The director of Augmont Gold says, "Covid has changed the way jewelers look and they are now actively involved in selling jewelry online as well."

People are buying more coins and gold bars in the range of 3000 to 4000 rupees

According to Gaurav Mathur, Founder, SafeGold, the online sale of gold is getting a boost due to the fall in its price. People are finding gold cheap right now. "People are buying more coins and gold bars in the Rs 3,000-4,000 range," says Kothari of Augmont.