In the last 3-4 years, nothing has gone right in the world economy due to many reasons, like war tensions between Russia and Ukraine, Palestine and Israel, resulting in high cost of energy resources, supply chain disruptions, and financial volatility.
Even though they have come to know that Birmingham, UK, has declared itself unable to pay any expenses, that is the current state of the world economy.
Shares are coming down, and Companies are firing employees in massive numbers. But one thing that stands out in these years is Gold. The gold price has increased immensely.
But why did this happen?
I will explain this in detail and also outline the best investment platforms in India for 2025.
Why is the Price of Gold Increasing?
From Rs 52,670 to Rs 1,01,350 (2022-2025), the gold price of 24 Karat doubled in India in just three years. Let’s know in detail why this happened
1.Big Players(buyers) are buying more gold
Governments of many countries, such as Turkey, China, and India, are purchasing gold in large quantities.
- If I talk about India, the RBI has brought around 57 tonnes in the financial year 2024-2025
- That value was the second-highest in the last seven years.
Why does this matter?
Because when big players buy in large numbers, the supply decreases and the price rises.
For example, a shopkeeper has 10 apples in his inventory, and a man comes and purchases 8 of them. With only two apples remaining, he can sell them at high prices due to the limited stock and high demand.
I hope you got this point!
2. Gold becomes costlier when the dollar becomes weaker
The US dollar and Gold prices have an inverse relationship; the one goes up, the other goes down.
- Gold is priced in US dollars.
- All the gold prices are settled in Dollars
- For example, one ounce of gold is $3,379.70( International price)
It means that if the dollar price goes down, it takes more dollars to buy gold, resulting in a lower supply, higher demand, and an increase in prices.
- The rest of the world can obtain it at a lower price.
Imagine you are living in Asia or Europe, and you find that the dollar becomes cheaper; this means your local currency becomes stronger.
You can buy more gold at a low rate, and ultimately, this creates a situation of rising demand, leading to an increase in prices.
- Investors lose interest in dollars.
When the dollar price falls, it creates a mixed feeling in the rest of the world, because their local currency will be improved.
However, at the same time, investors may lose interest in the dollar. Because:
- The US economy is in danger and may be facing challenges such as inflation, debt, and low interest rates.
- Investors will think that the dollar is not a safe option, so let’s move to the “safer option.”
So what’s the safer option?
Gold!
Such a situation increases demand and pushes the price of Gold.
3. Inflation
Inflation is increasing year by year, no matter which country you’re living in. Even developed countries like the United States, Germany, and China are facing this situation.
Inflation, hereby means, your money is going down, and the price of goods is increasing. For example, 10 years ago, you could buy more with Rs 100, and now you can buy less.
People are considering this option seriously and have started investing their money in the Gold option, which offers relatively higher profits than banks.
As demand increases, supply decreases, and prices rise.
4. Tensions around the world
- No stability makes people nervous.
- As you know, many problems are happening in the world now. Countries are fighting for their identity, while others are fighting for their territories. Countries are also moving away from the US, which makes the dollar weaker.
- When people feel insecure about the situation and their money, they invest in Gold.
- So, more tension =more gold buying = rise in prices.
5. Gold is limited
The gold supply is limited; it is not like vegetables or fruit, where you can grow as much as you want. It takes a great deal of time and effort to collect and mine gold.
- Around 2500-3000 tons are produced every year.
- If you examine demand, it has been increasing from banks and individuals worldwide.
- When supply is limited, the price will always be on the high side.
Now I assume you’re transparent about the Gold price increases.
As people are shifting to Gold prices because it gives more profitable options than real estate, now in India.
If you’re looking to buy gold but are confused about the best gold platforms in India or how to invest in gold in India, I suggest you continue reading the full article.
Best Gold Investment Platforms in India 2025
Gold has always been the most significant asset for individuals. Earlier, Gold was just there to gift to your loved ones at a wedding or for a special occasion. However, people now view gold as an investment.
Investing becomes incredibly easy, as you can now invest in Gold with your smartphone and enjoy a full guarantee of quality.
Isn’t it great?
Let’s explore the best platforms in detail so that it will be easier for you to choose one that suits your comfort and goals.
1. MMTC-PAMP( (Leading giant in Digital Gold)
- Type
Digital + Physical Gold
- Access
You can access the MMTC-PAMP website, PhonePe, and Paytm.
- Key features
- Offers 24 Karat 999.9 purity gold( which is of high quality)
- Backed by the Govt. Of India
- You can easily convert your digital gold into pendants, coins, or bars.
- Your gold will be fully insured.
- Pros
- High-quality Gold you will get
- You can start by investing money only for Rs 1
- No issues with the Pincode, you can have physical delivery anywhere in India
- Your invested gold is safer than storing it in physical lockers.
- Cons
- You need to pay storage and delivery charges
- If you’re looking for short-term trade, then don’t do
- Best for
Long-term investors, safety-conscious people, and those who want a mix of physical and digital gold.
2. Safe Gold
- Type
Digital Gold
- Acess
You can access it through the Jar app, PhonePe, Airtel Thanks, and Axis Bank.
- Key features
- You can buy, sell, and convert your gold
- Safet guaranteed
- Your gold is fully insured
- You can lease your Gold to Bluestone
- Pros
- You can earn monthly by leasing your money
- You can start with a minimum of Rs 10
- 99.99% pure
- Cons
- Storage charges you have to pay
- Not regulated by the RBI or SEBI
- Best for
New users who want to gain the habit of investment in a goal and start with a negligible amount
3.PhonePe( Daily Upi users)
- Type
Digital gold
- Access
You can access it through the PhonePe app
- Backed up by
MMTC-PAMP and Safe Gold
- Key features
- You can start with a minimal amount of Rs 1
- You have the option to set a monthly auto-pay
- Buy/sell gold-24/7
- Fully insured
- Pros
- User friendly-fast
- Reliable option as you don’t need to go to other apps
- Great for beginners who rely on UPI
- Cons
- Hidden charges are there
- No govt regulation
- Best for
Daily app users, and especially those who want to do all the investments and money transfers in one app.
4. Paytm Gold( Investment with offers and Casbacks)
- Type
Digital gold
- Access
You can access it through the Paytm app
- Powered by
MMTC-PAMP
- Key features
- Earn cashback while purchasing gold
- You have the option of buying gold in grams or rupees
- Option for home delivery of coins or bars
- Your gold is secured in a locker
- Pros
- Useful for gifts and special occasions
- Easy to invest
- User-friendly interface, even elderly people can understand and invest
- Instant buying and selling, you don’t have to wait
- Cons
- Not suitable for significant investments
- Delivery charges you need to pay
- Best for
Gift buyers, small investors, and beginners.
5. Jar app
- Type
Digital gold
- Acess
You can access it through the Jar app( available on Android and IOS)
- Features
- Helps you save your money without you having to worry about investment
- Easy user-interface
- Gold is secured safely and insured
- Pros
- Great for those who forget to save
- There is no minimum investment required
- Helps you build your daily savings habit
- Great for beginners
- No need to pay storage fees
- Cons
- Suitable for a small investment
- No ETF option
- Best for
Passive earners, college-going students, and beginners.
6. Grow, upstox, Zerodha
- Type
Regulated Gold Investments
- How to access
You need to go to respected apps and search for Gold investment
- Regulated by
It is regulated by SEBI and RBI
- Key features
- SEBI and RBI regulated
- Invest in Sovereign Gold bonds when the RBI opens the window.
- You can easily track your portfolio performance.
- Pros
- Highly liquid, you can sell anytime
- SGB offers 2.5% annual interest + Gold price gain( Two benefits)
- You don’t need to pay any storage fees
- Cons
- You need a Demat and a trading account
- You need to pay brokerage fees
- No physical delivery option will be available for you.
- Best for
Long-term investors want tax benefits and use a stock-related platform
Now, you get a fair idea of how to invest in gold in India and what the best platforms are to invest in gold.
What are the factors you should consider while purchasing gold?
Whether it’s for investment or jewellery, you need to be smart enough while purchasing gold. Otherwise, many can fool you.
1.Check the purity( in Karats)
When purchasing gold, it is essential to know the Karat value and its corresponding rates.
What does it mean:
- 24 Karat: Used in Gold coins, Bars, and digital gold( 99.9%)
- 22 Karat: Used in Jewellery( 91.6%)
- 18/14k: Mostly used in designer jewellery, or if it is mixed with diamonds
2. BIS hallmark
When purchasing, check whether the jewellery has a BIS hallmark certification.
- Why is it important
- Proves that gold is meeting the Indian government standard
- If it is there, then there is a 100% guarantee that the gold is genuine
- What to check on Hallmark?
- Check the BIS logo
- Jewellers identification mark
- Check the Karat and fineness( for example for 22 karat: 22k916 and for 24 karat :24K996)
3. Price of Gold
You know, gold prices change every day, so don’t make a purchase based on the previous day’s rate, because the price may fall compared to the last day. As a responsible buyer, you should know the current price before going to buy gold.
4. Making charges
Making charges are those that you have to pay in addition to the existing gold price. Jewellers charge for the design and polish. Ensure that you purchase jewelry with lower manufacturing costs. It is usually 8%- 20% of gold’s value.
5. GST on gold price
Officially, a 3% tax is imposed on the value of Gold and a 5% tax on making charges. Therefore, ensure you request a detailed bill that allows you to review the tax breakdown.
6. Purpose of purchase
Gold is something you don’t buy frequently, so while purchasing, you should know for what purpose you’re buying. Because in the market, for every type of situation, gold platforms are available.
Like:
- For function and gift- Consider gold coins
- If it is for investment, go for sovereign bonds or Digital Gold( 24 karat)\
- For wearing- Go for 22 karat jewellery( BIS hallmarked)
7. Reputation of the seller or platform
Many scammers are out here to loot your money. In many cases, people brought fake jewellery, and they only found out when they went to sell it or took a loan.
So what to check:
- Is the seller a BIS-licensed jeweller
- For online gold, you need to check whether it is powered by SafeGold or MMTC-PAMP
- Make sure you check the Google history and reviews.
I hope your vision of buying gold has become clearer.
FAQs
Is gold a safe investment?
Gold is regarded as the safest investment among all the other investment options. Moreover, it is not only a safer option but also offers a good return.
How much gold should I invest in?
Many experts suggest investing at least 10-15% of your total portfolio, which ensures protection as well as steady returns.
Is digital gold safe?
Depends on which site or app you are investing your money in gold. Verify whether the app is government-approved or powered by MMTC-PAMP or Safe Gold.
Is there any interest earned on Gold?
You will get the interest income only from sovereign bonds, which is 2.5% per year, plus the profit from the gold price increase.
Do I need a Demat account to invest in Gold?
Yes, for SGB, you need a Dmat account; otherwise, you can invest without having a Dmat account.
Conclusion
In conclusion, I have listed the top gold investment platforms available in India. You can invest by choosing any of the platforms. However, when purchasing gold, you should also verify on your own behalf whether the platform meets your investment goals.
I hope you liked the article. For more informative articles like this, stay in touch with techyquant.com.
Happy reading!
