Page 34 - Bollion World Volume 4 Issue 8 August 2024

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democratising precious

metals investments

in India?

accumulate Gold in substantial quantities over a period
Gold has a special place in the hearts and lives of with regular investments like SIP (Systematic Investment
Indians. It is considered auspicious and associated Plan). This flexibility makes Digital Gold an attractive
with wealth and prestige. In addition, it is a significant investment option and is boosting its popularity among
part of Indian marriage. Also, Gold is a highly investors.
preferred investment option, especially against
inflation and financial crises. However, Gold's rarity No security concerns
and desirability have been driving its price high, thus When it comes to physical Gold, keeping it secure is
keeping it out of the reach of many people. This is a significant challenge. However, one can avoid this
where Digital Gold comes to the rescue. with Digital Gold because it is insured and stored in
bank-grade vaults. It alleviates concerns like loss and
theft, which is not the case with Physical Gold. Also, if
Rising popularity of Digital Gold investors desire to collect their Gold, they do so securely.
Digital Gold refers to investing in Gold through digital
platforms. These platforms allow investors to buy and No storage fee
sell Gold digitally. Also, investors can take physical Digital Gold platforms do not charge fees for storing Gold
delivery of their Gold. In addition, these digital platforms while providing bank-grade security. This means one
offer Gold in 999.9+ or 99.99%+ 24 karat purity, making can make small investments in Digital Gold and sell or
them a trustable source for buying Gold. Due to these redeem it effortlessly.
reasons, more & more people are opting to invest in
Digital Gold.
There are many reputable Digital Gold platforms in India,
like Digigold, that are fulfilling thousands of Indians'
Ease of buying Digital Gold dreams of buying Gold, thus democratizing the precious
Digital Gold has made Gold accessible to a large yellow metal.
number of people. Unlike physical Gold, Digital Gold
can be purchased with as small as Rs. 1 investments,
which is not possible with physical Gold. One can also

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