Currently digital gold investing is picking up and multiple players are involved including PAYTM, PHONEPE, Jupiter, Gullak etc.
I observe the digital gold price in NAVI’s app to be lower than other Jupiter’s. Gold pieces are lower by 2.25%
I also observe it’s not issued by MMTC but by AUGMONT.
Can Jupiter also come up with a strategy to offer gold at such prices? Else what else could be an attraction point to invest in Jupiter 's digital gold?
Thanks for the suggestion @vijay.balaji sir. I got it checked
In real sense, the price on Jupiter and Navi is same (6.21/mg),
But since Navi is offering 2.25% off (may be some sort of short term promotional offer), as said by you, it appears cheaper.
Yes gold price is same all over India, but their offer price and making changes maybe defence
If you’re referring to the physical gold prices then just to clarify, physical gold prices vary from place to place.