Amazon launches virtual gold buying feature ‘Gold Vault’
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E-commerce major Amazon has launched a virtual gold buying and selling option called ‘Gold Vault’. The move would potentially pose a direct competition to Paytm, PhonePe, Mobikwik, ET Money and Google Pay’s digital gold services. The users can buy and sell the virtual gold-stock any time at the latest price, which gets refreshed every 5 minutes and can be accessed under the Insurance category of Amazon Pay on the main app.