The Securities and Exchange Board of India (Sebi) has cautioned the general public against investing in digital gold and e-gold products. While these investment avenues have existed for several years, a steep rise in gold prices, combined with the convenience, and ease of owning gold digitally through online platforms, have led to a surge in their popularity over the last one year. The regulator said digital gold products are often promoted as investment alternatives to physical gold. However, they remain unregulated and do not fall under any regulatory ambit, exposing investors to heightened risks.

What is digital gold?

Digital gold refers to buying gold without physically possessing the precious metal. The price of digital gold is linked to that of physical gold. Digital gold is create

See Full Page