How can I practically understand buying gold from the app? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

How can I practically understand buying gold from the app?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Buying gold from a bank's app can be easy, but the most important thing is to know the nature of what you bought: Is it actual gold meant for you or just a financial product linked to the price?

Read the terms of ownership, receipt and sale.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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