Sona Saini
SEBI has recently warned investors that digital gold is unsafe due to lack of proper regulation.
Many people have invested in digital gold through mobile apps and online platforms.
SEBI’s advisory does not ban digital gold, but highlights potential risks to investors.
Risks include platform bankruptcy, fraud, and non-delivery of gold.
Experts suggest investors should review the credibility of the platform they used.
Check if the platform has insurance and secure vault storage for the gold.
Consider transferring holdings to regulated instruments like Gold ETFs or Sovereign Gold Bonds.
Avoid investing more until the regulatory framework is clarified.
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