Digital gold Buy Sell Price

Have you observed variations in the prices of digital gold when buying and selling through this App, and how do you believe these differences influence users’ investment choices and strategies?

Welcome to the community @Aditya_S1 :v:t2:
Could you please provide more details about the issue?
Isn’t it that difference/variation is GST?
Additionally, some sites and apps may have promotional offers that could lead to variations when compared to Jupiter.
You can refer this thread:

Sovereign Gold Bonds > digital gold

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Yes, apparently the reason they give is that 3-4% in my case, charge the amount to cover cost of insurance, refinery operations, staff, audit, custodian fees, etc.

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It is understandable that we buy the digital gold with 3%gst. So there is variation in buying it. But why do the value decreases when we sell. For example if you buy 1G digi gold in jupiter for 6000 rupees with 3% gst (total u spent is 6180) the value invested is 6000rupees for 1 gram gold.
Let’s say after 1 year now the app shows that ur invested value rouse up to 8000 but when you want sell. The value of ur investment will not be what they show (8000) rather it will be lower than that. Like 2-3% less.

Why is it so? Could anyone explain why we are paying 2-3% again?? Why can’t we get the actual value displayed??

What makes digi gold better if we r stil loosing money. Iam thinking buying gold coins and saving at home looks more profitable…

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