- Date : 19/10/2022
- Read: 3 mins
A gold investment brings long-term value and is considered safe. People gift gold on special occasions like festivals, childbirth, or wedding. Diwali is a special time when people buy gold, which is regarded as auspicious.
A gold investment brings long-term value and is regarded as a safe investment. People gift gold on special occasions like festivals, childbirth, or wedding. Diwali is a special time when people buy gold, which is considered auspicious. The digital revolution has transformed the gold industry, as now we can buy digital gold. Digital gold is gaining traction, and people are getting attracted to it. You can buy digital gold instead of buying it physically.
Also Read: Top platforms to buy digital gold in India
Buying physical gold always has the question of purity. People try to buy gold only from trusted jewelers to check its quality and purity. Digital gold comes with a 99% purity promise as it is 24 karat.
Excellent Security With No Storage Hassle
A huge benefit of purchasing digital gold is the feature of safe storage. You do not need to take delivery, and there is no need to worry about where you'll store it. It essentially makes gold theft impossible.
No Investing Limits
You can buy as much or as little gold as you want. Digital gold allows you to start buying from as low as Rs. 1. Unlike physical gold, which you have to buy by weight, you can purchase very little digitally and start your gold investment and collection journey. Even a little gold of lighter weight can cause a dent in your budget. However, with the option of digital gold, it is up to you how much you want to spend on buying the precious metal digitally.
Also Read: Is gold a good investment in India?
Easy To Buy
It is very easy to buy digital gold. You can just visit an app, press a few buttons, and purchase as much gold as you want. You do not have to go anywhere and can do it from the comfort of your home. You can select the grams you want to purchase and hit the buy button.
Gold, whether physical or digital, is considered a liquid investment. You can readily exchange it for cash in times of need. You can either sell your digital gold with the click of a few buttons or even get it delivered in the form of a coin to your home.
With the introduction of digital gold, buying and owning gold has become effortless, practical, and convenient. There are many benefits to buying digital gold, including safety and purity. You need not worry about storage hassles or getting anything other than pure gold. Start your gold-collecting journey this Diwali.