Gold Prices Soar, But PhonePe Brings a Festive Relief
Gold prices in India are on fire right now — quite literally at record-breaking highs. But amid the festive rush for Dhanteras and Diwali, there’s some good news for gold buyers. PhonePe is offering up to ₹2,000 cashback when you buy 24K digital gold worth at least ₹2,000 on its platform.
In a season when even a small gold coin costs significantly more, this cashback might just be the extra sparkle you need.
How to Grab the Dhanteras Gold Offer on PhonePe
If you’re planning to buy gold this Dhanteras, here’s how to claim your cashback in a few easy steps:
- Open the PhonePe app and tap on the ‘Digital Gold’ icon on the homepage.
- Select ‘Buy Digital Gold’.
- Choose ‘Buy in Rupees’ and enter at least ₹2,000 worth of 24K gold.
- Review your order and tap ‘Proceed to Pay’ to complete the transaction.
That’s it — you’ll get 2% cashback (up to ₹2,000) straight from PhonePe.
Note: The offer runs from midnight to 11:59 PM on October 18, 2025, and can be availed only once per user.
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What Makes This Offer Worth It
PhonePe’s 24K Digital Gold comes from trusted brands like MMTC-PAMP, SafeGold, and Caratlane, all of which provide 99.99% purity-certified gold. More than 1.6 crore users across India already buy gold on PhonePe, either as an investment or for festive savings.
And if you don’t want to spend a lump sum, the platform also lets you invest in gold through daily or monthly SIPs starting at just ₹5. You can sell it anytime and get the money directly in your bank account — no jeweller visits, no waiting.
Gold Prices at Record Highs
While this cashback is a welcome relief, it comes at a time when gold prices are climbing to historic levels. On Tuesday, 24K gold price in India jumped by ₹328 per gram, touching ₹12,868 per gram.
- 22K gold: ₹11,795 per gram
- 18K gold: ₹9,651 per gram
The rally has made buying physical gold quite expensive, which is why digital gold has become a smart, flexible alternative for many festive buyers this year.
Read More :- Samvat 2082: Expert Investment Tips for Stocks, Gold, IPOs & Mutual Funds This Diwali 2025
Bottom Line
As Dhanteras approaches, PhonePe’s gold cashback offer is a clever way to make the most of your festive purchase — especially when every gram counts.
If you’ve been holding off on buying gold due to rising prices, this offer might just give you the nudge you need to start investing smartly — and digitally.
