Every Indian household you can think that since time immemorial and has been investing in Gold and continue to do so even to this day.
During festivals like Dhanteras and Diwali or the demand for bullion sky-rockets. The reason is rather simple.
The value keeps growing at a consistent rate and therefore is an ideal instrument for anyone looking to invest in an asset for long-term growth.
Gold will never lose its luster also alternative ways of investing in Gold are gradually emerging, thanks to the digital era that we are living in the Interesting to note here that, unlike cryptocurrencies, nfts.
Digital Gold is an only asset-backed commodity. As the largest player in the market that MMTC-PAMP allows anyone to invest in 24k, 999.9 purity certified physical gold through online transacting platforms for as low as 1rupee.
As opposed to paper gold like etfs and sgbs that have a higher entry point, etfs, which require a Demat account.
Each online purchase and the corresponding weight of physical gold is shifted to secured vaults under the direct ownership of the consumer.
And corroborated through a digital certificate captured in the investor’s preferred intermediary’s online platform.
Digital Gold has become the favored and viable form of investment for digital-first investors in the users because of the flexibility, simplicity, the security.
It delivers making it a safe, straightforward option to protect one’s investment portfolio from the markets.
Digital gold is basking in its glory reason that it is a highly safe, secure online investment tool.
Since MMTC-PAMP owns and runs the biggest gold ecosystem in the nation, investors wouldn’t have to worry over the storage, security.
And sale as the firm given the end-to-end service to customers, facilitating them to convert their Digital Gold holdings in 24K 999.9 purity certified physical gold SKUs.
Results that to these benefits that Digital Gold has found its way as one of the most favored investment options for today’s digital-natives.
With the growing popularity of new-age digital instruments in investment, the capital market regulator, SEBI, has been vocal in its desire to safeguard the interests of consumers and investors.
The recommendations are a step in the right direction in terms of formalizing the Digital Gold industry, protecting investor, consumer interests.
But there is still more work to be done to capitalize on the commodity’s potential.
Follow and connect with us on Facebook, LinkedIn & Twitter
