Most people consider Dhanteras to be an auspicious day for buying silver and gold. This time, Dhanteras is on October 29, 2024, i.e. on Tuesday. If you are planning to buy gold or silver from your local jewellery store on Dhanteras, be prepared to stand in long queues for hours. One quick way to avoid all hassle is to shop online. If you are worried about buying high-value items online or the authenticity of a seller, stick to reputed stores like MMTC-PAMP, Tanishq, Malabar Gold & Diamonds.

MMTC-PAMP is a joint venture between the Government of India-owned Metals and Minerals Trading Corporation of India (MMTC) and Switzerland-based gold refining company, Produits Artistiques Métaux Précieux (PAMP).

Step-by-step guide on how to buy silver and gold online from MMTC-PAMP

Follow the below-mentioned steps to buy silver and gold online from the MMTC-PAMP website:

Step 1: Go to the MMTC-PAMP website and click on ‘Products’ to select either gold or silver.

MMTC-PAMP

Source: MMTC-PAMP website

Step 2: Here we have selected ‘Silver’. Once you click on ‘Silver’, a new webpage will appear that shows all the available silver coins, especially engraved silver coins and bars and other silver items. Browse through the collection and then click on the ‘BUY NOW’ button.

MMTC-PAMP

Source: MMTC-PAMP website

Step 3: A new web page will open. Here you can either add the silver product to your cart and continue shopping for other items or directly go to billing process.

Step 4: A new webpage will open and here you can apply any coupon code if you have any, or else click on ‘CHECKOUT SECURELY’ to proceed on buying. A new webpage will open and it will ask you to create an account with MMTC-PAMP or login to your existing account. Once this is done you will be asked to input your address. After this click on ‘PROCEED TO PAYMENT’. MMTC-PAMP uses Rajorpay’s payment gateway which offers various payment options like-credit/debit cards, net-banking and UPI. Cash on delivery is not an option.

Do note that PAN details are mandatory for transactions above Rs 2 lakh. “Please ensure that the name on PAN matches the name in the Billing address,” said MMTC-PAMP on its website.

Step 5: A new webpage will open and here you can apply any coupon code if you have any, or else click on ‘CHECKOUT SECURELY’ to proceed with buying. A new webpage will open and it will ask you to create an account with MMTC-PAMP or login to your existing account. Once this is done you will be asked to input your address. After this click on ‘PROCEED TO PAYMENT’. MMTC-PAMP uses Rajorpay’s payment gateway which offers various payment options like credit/debit cards, Net banking and UPI. Cash on delivery is not an option.

Do note that PAN details are mandatory for transactions above Rs 2 lakh. “Please ensure that the name on PAN matches the name in the billing address,” says MMTC-PAMP on its website.

Vikas Singh, Managing Director & CEO, MMTC-PAMP says, “MMTC-PAMP also has a 100% assured buyback program which customers can take advantage of should they want. Each purchase comes with a purity certificate and detailed invoice documentation, which comprises the gold rate of the day with direct bank transfer for payment, ensuring a professional and trustworthy trading experience.”

MMTC-PAMP is London Bullion Market Association (LBMA)-accredited Good Delivery Gold and Silver refiner.



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