How do I know if I’ve earned any gains on the gold I’ve purchased on PhonePe?
If the value of the gold you’ve stored in a locker increases based on the current gold buy price, the gain value and % will be displayed in green below the portfolio value.
In case, the gold buy price has dropped from the time you purchased gold on PhonePe, the difference will be highlighted in red.
For example,
If you’ve bought 1.5295 gm of gold at ₹4,895.88 per gm (the gold buy price at the time of purchase excluding GST), your invested value is ₹7,488.25 (1.5295 gm x ₹4,895.88 per gm)
If the live gold buy price today is ₹4,918.78 per gm, your portfolio value will be ₹7,523.27 (₹4,918.78 per gm x 1.5295 gm) and your gains will be ₹35 (portfolio value - invested value = ₹7,523.27 - ₹7,488.25) and the gain % will be 0.15% (gain/invested value x 100).
Learn more about checking your gold balance/portfolio value on PhonePe.