In public notification SEBI has issued an advisory, that the market regulator cleared these products are unregulated. SEBI informed that these kind of digital gold are different from SEBI regulated gold products. These products are not notified as securities and regulated as commodity derivatives.
Now there is no worry of handling gold, no need for a locker, no GST and no hassle of making charge. In today’s digital age, you can easily invest in gold through just an app or trading platform.
Gold is considered a great way to diversify the portfolio and balance market risk. When the stock market falls, gold prices usually see a rise.
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