If you’re asking, “How buy gold and silver?” , you’re likely looking for smart ways to diversify your portfolio or hedge against inflation. Both gold and silver are popular precious metals that offer security, liquidity, and long-term value .
1. Understanding Your Investment Options
You can invest in gold and silver in several forms:
- Physical Gold & Silver : Coins, bars, jewelry (for gold only)
- Digital Gold & Silver : Fractional ownership via apps like Paytm Gold, Acredius
- ETFs & Mutual Funds : Gold ETFs like SBI Gold ETF
- Mining Stocks & Funds : Companies involved in extracting gold and silver
- Futures & Options : For advanced investors
Choose based on your goals: wealth preservation, gifting, or growth investing .
2. Step-by-Step: How to Buy Gold and Silver
Here’s how to invest in gold and silver:
For Physical Purchase:
- Choose a trusted seller – e.g., MMTC-PAMP, SBI, HDFC Gold, Amazon India
- Select the form – coins, bars, or jewelry (silver is mainly in coin/bar form)
- Verify purity – look for hallmarking (BIS for India) or LBMA certification
- Make payment – via card, net banking, or cash (for offline stores)
- Get delivery – home delivery or collect from branch
For Digital Purchase:
- Open an account on platforms like Paytm Gold, PhonePe Gold, or Acredius
- Complete KYC
- Select weight and type (gold/silver)
- Make payment via UPI or bank transfer
- Track your holdings in real-time
3. Best Places to Buy Gold and Silver
Here are some of the most trusted sources in India and globally:
| MMTC-PAMP | Physical | BIS-certified gold & silver bars |
| Paytm Gold / PhonePe Gold | Digital | Buy from ₹1; instant ownership |
| Acredius | Digital | Invest in real gold and silver stored securely |
| Amazon India | Physical | Home delivery of certified coins/bars |
| SBI Gold | Physical | Bank-backed, reliable source |
For international investors, platforms like Apmex, JM Bullion, and Fidelity offer secure options too.
4. Things to Consider Before Buying
Before investing in gold and silver:
- ✅ Check current market prices daily
- ✅ Look for hallmarking or certification
- ✅ Be aware of GST (3%) on physical purchases
- ✅ Factor in making charges (for jewelry)
- ✅ Secure storage – locker or insured vault
- ✅ Diversify between gold and silver for better risk management
5. Benefits of Investing in Gold and Silver
Why invest in gold and silver?
- ✅ Hedge Against Inflation – Preserves purchasing power
- ✅ Portfolio Diversification – Reduces volatility
- ✅ Safe Haven Assets – Perform well during economic downturns
- ✅ Liquidity – Easy to convert into cash
- ✅ Affordable Entry – Start with as little as ₹1 via digital platforms
Silver also offers industrial demand , giving it potential for higher growth than gold.
Frequently Asked Questions (FAQs)
Q1: Can I buy silver like gold digitally?
A: Yes, platforms like Acredius allow you to invest in both gold and silver digitally.
Q2: Is silver a good investment like gold?
A: Yes, silver is more volatile but has strong industrial demand and can offer higher returns.
Q3: Do I have to pay GST when buying gold and silver?
A: Yes, a 3% GST applies to the purchase of physical gold and silver in India.
