5 reasons why investing in digital gold is better than physical gold

5 reasons why investing in digital gold is better than physical gold

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Digital gold provides various advantages over investing in physical gold. Let's check them out.

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1. Safety & Security: When you buy digital gold, you are actually buying physical gold, which is stored in a bank-grade vault (on your behalf), without any storage cost

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2. Purity & Transparency: Digital Gold is available in 24K (99.5 per cent purity, NABL Certified), and you can purchase it at LIVE price.

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3. Easy & Flexible Liquidation: According to Sanket Prabhu, Director and Head of Wealth at FINHAAT, you can sell your digital gold anytime, anywhere and get proceeds by T+1 day.

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Most importantly, you can also seek physical delivery of this gold anywhere in India or even redeem it at some prominent Jewelry outlets.

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4. Ease of Transacting: You can buy digital gold sitting in the comfort of your home in with few clicks.

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5. Minimum Ticket Size: Digital gold is available at low ticket sizes (starting at just Rs 100).

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