Digital Gold - The Best Option?

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  • Published On: August 18, 2021
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With Digital Gold, there is instant purchase and sale and no lumpsum investment amount is needed. But does Digital Gold overshadow all other forms of Gold investments, such as Gold ETF (exchange-traded fund) and sovereign Gold bonds? Digital Gold has its drawbacks, it could come with an insurance cost. With Digital Gold, there is a lack of official government-run regulating body such as RBI or SEBI. Companies may also offer a limited storage period, after which you either have to take physical delivery or sell the Gold. We ask finance and industry experts about what works in favour of Digital Gold and what doesn't.

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