aniketorkrishna
KF Rookie
On an Application I bought some digital gold say of rupees 1200 later when sold it at market price of rupees 1400 ,I got the value of only rupees 1300.Is this a general practice for digital gold or gold in general?
Is digital gold or gold in general are sold significantly lower than market prices
- Thread starter aniketorkrishna
- Start date
arjungoyal12
KF Mentor
It depends upon the platform. They can charge you some cost like insurance, refinery or more
Skylar
KF Master
You post accurate figures then we can talk about it.
aniketorkrishna
KF Rookie
Both the buy and sell transaction was on digital gold on Jupiter as a Platform with MMTC-PAMP India Private Limited for a sell value of
0.1650 g | Amt Per Gram Rs.7165.24 | Total Amt Rs.1182.26
at 1:55 am
where market rate for
0.1650 g was Amt Per Gram Rs.7436.33 | Total Amt Rs.1227
So the loss was of
Rs 45 in total.
Note:GST was paid at the time of purchase.
aniketorkrishna
KF Rookie
Both the buy and sell transaction was on digital gold on Jupiter as a Platform with MMTC-PAMP India Private Limited for a sell value of
0.1650 g | Amt Per Gram Rs.7165.24 | Total Amt Rs.1182.26
at 1:55 am
where market rate for
0.1650 g was Amt Per Gram Rs.7436.33 | Total Amt Rs.1227
So the loss was of
Rs 45 in total.
Note:GST was paid at the time of purchase.
Similar threads
