Let’s be real, millennials are not doing so well on the economic front. The slowdown in the market is not only affecting their spending habits, but industries across the country are facing the brunt of this change in their buying and investment patterns. Millennials have often complained about not being paid enough, and though every generation has been doing it, in the millennials’ case, it’s a very valid grievance. Because they don’t earn enough, they haven’t been able to save up enough or to invest right.
Buying gold, for instance, is not something we see a lot of youngsters going for; the traditional way of buying gold is… inconvenient, to say the least. You have to go into a retail outlet or your neighbourhood jeweller and haggle about the prices they are offering. But this doesn’t make gold investment a bad decision; in fact, investing in gold is one of the most failsafe ways of securing your finances. If only, there was an easy over-the-counter digital way of getting it done – like online shopping on a gold trading app- Enter Augmont!
What is Augmont?
A one-stop gold trading app is the need of the hour; which is exactly why Augmont has been conceived – as a delivery-based platform that helps buyers to do gold investment (and silver) just with a tap of their fingers and at the best prices. You can even encash profits or keep buying gold in installments – all of it on your phone through the Augmont gold trading app!
The gold trading app not only makes gold investment really easy for youngsters but also provides you with the flexibility of choosing the amount and/or quantity of gold as per their convenience. Most youngsters consider the gold investment a high-stakes investment because they assume they have to purchase in bulk, but with the Augmont gold trading app you can even invest in a single gold coin and spend even less than Rs 500.
Who owns Augmont gold trading app?
Augmont is owned by one of the largest gold refineries in India, which means they have more control over quality compared to their counterparts; this means they will be able to offer benchmark prices and the same benefit is made available to the retail consumers. This makes it very easy for younger buys to get the best deals.
You can invest as low as Re 1
Augmont gold trading app is India’s first fully electronic over-the-counter (OTC) delivery based bullion-trading system; it’s much like online shopping only for gold investment. You can invest as low as Re.1 or choose as low as 0.1 gram gold coin, costing even less than Rs 500! You have the options and flexibility to invest in gold and silver as per your convenience, you can decide exactly how much you want to buy, and can decide to start small.
It will be delivered to your door
Augmont gold trading app makes gold investment smooth like any other online shopping because it’s just that easy and effortless. You can ask for your physical gold to be delivered to your doorstep – just like an online delivery. It even offers a 3-day delivery to any part of the country!
Is it safe?
Absolutely. All you have to do is register on this gold trading app, enter the amount of gold you wish to purchase and select the mode of payment. Augmont will store the gold in a 100% secured locker that is controlled and monitored by IDBI Trusteeship Services. It is so safe that even Augmont cannot access it unless the customer asks for doorstep delivery or decides to sell it back to the company.
Buy, sell or stock
Augmont gold trading app curates the best of online and offline options with its advanced features and offline presence. For buyers who want to buy gold regularly, there is the option of very convenient monthly SIPs, available in multiples of 1000. If you want to encash profits you can easily sell your gold via the app in real-time and at competent market-value prices. Not just that, the money immediately appears in your bank account, as soon as you sell it. If that’s not convenient, we don’t know what it is!
Are millennials using it?
Yes! Anyone and everyone with a smartphone who is thinking of gold investment can make use of Augmont gold trading app and they already have a million registered customers. Their motto is to make gold available for everyone, not just to established business owners, but to emerging young professionals and go-getters who want to make smart decisions on the go. The over-the-counter process is so easy and hassle-free, even a minimum wage earner can make use of this; so, irrespective of the zeroes on your paycheck, you do not have to think twice while buying gold.
Simply put, gold will never turn into a bad investment; it is an ideal hedge against market risks, it can be readily converted to cash, there is also a very strong demand for gold worldwide. Gold is something you can use in any part of the world, which is why it’s gold investment will always remain an effective investment strategy.