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The whole country is celebrating the festival of Dhanteras today. Buying gold or silver jewellery, utensils and precious products on this day is considered very auspicious in the Hindu culture. Most people buy gold in very small quantities for shagun. With the advent of technology and digitization, new ways of buying gold in the market have emerged. Apart from physical gold, customers can buy gold through options like sovereign gold bonds, gold ETFs, digital gold and gold mutual funds.

Gold is a precious metal, so it is not easy for everyone to buy it. But now you can buy gold for just Rs 1. This is possible through digital gold. Those who are going through a cash crunch, can buy digital gold this Dhanteras with even a small amount like Rs 1 . It is also very easy to buy it. Customers can make this purchase from their mobile phones while sitting at their homes. Payment apps like Paytm, Google Pay and PhonePe are providing this facility.

Here’s how you can buy gold coins through Google Pay.

Step 1: First of all you have to create your account on Google Pay.

Step 2: Now you have to click on the ‘Gold’ option in this app.

Step 3: You will see the price of gold in milligrams. On Tuesday morning, the price of gold inclusive of tax was Rs 5.07 per milligram.

Step 4: You can buy digital gold by paying.

Step 5: Your gold will be kept safe in the Gold Locker of Google App Mobile Wallet.

Step 6: You can also sell gold by going to the ‘Sell’ option here.

Step 7: You can gift this gold to any other person by clicking on the ‘Gift’ option here.