Digital Gold investment

 While people in India have brought gold over for various reasons, usually cultural or religious, it has found appeal as an investment option as well. Here are a few things that work in favor of gold: Gold Investment Guide Long-term store of value – For centuries, gold has been the best store of value for the long-term(store of value is an asset that maintains its value without depreciating). The fact that it can play the role of money adds to its superiority and its outperformance of the currency value make it attractive.  Inflation hedge – When inflation rates rise, the value of currency drops. However, over the last five years, despite the rise in inflation rates, gold prices have doubled. In India, where inflation rates tend to exceed interest rates, investing in gold is a hedge against inflation. Liquidity – One of the most important features of gold investment is liquidity. Gold can be bought and sold in a very short time.  No specialized knowledge needed – When you...

  Silver is More Affordable This seems like an obvious statement, but the reason it’s important is because silver has many similarities with gold… If you buy physical silver—not ETFs, certificates or futures contracts, which are paper investments—you can capture the same benefits that gold offers. Advantages that virtually no other asset provides. Like gold, physical silver… Is a hard asset. Of all the investments you own, how many can you hold in your hand? In a world of paper profits, digital trading, and currency creation, physical silver is a tangible asset that can’t be hacked (something your stock broker constantly guards against). Is money, just like gold. It can’t be created out of thin air (and thus depreciated) like paper currency or digital entries. Look through monetary history and you’ll find that silver has been used in coinage more often than gold. Investment in gold and silver Has no counterparty risk. If you hold physical silver, you don’t need another party to mak...

  Gold has been a popular go-to asset for Indians for several decades now. And why not? It is perhaps one of the few assets that does not lose its value over time.  However, this asset is mostly held in physical form – jewellery, bars, and coins – which gives rise to several challenges regarding storage and security.  Better Physical Gold or Digital Gold Accordingly, many investors have been looking for a better alternative and have managed to find an ideal match in digital gold. There is a lot of speculation among investors concerning whether digital gold can emerge as a better alternative. Of course, the answer to this question is subjective. Then again, it’s suggested to take a close look at the difference in concept and approach towards physical and digital gold investment to gain a better idea. Digital Gold Investment  Digital gold is a new age investment instrument that allows you to invest in 24 Karat purest gold, which is then stored in MMTC-PAMP’s secure vau...

  Digital Gold: How it works, where to buy, benefits and disadvantages Once you invest in digital gold, the companies purchase an equivalent amount of physical gold and store it under your name in secured vaults. Today Gold is no longer used as currency but it can still be used as money. In fact, Gold has been a store of value for over 3000 years. Much longer than any currency anywhere. In India, Gold is believed to be “God’s Money” and is offered to holy temples on almost all auspicious occasions. This makes India the largest importer of Gold in the world today. Despite being in the midst of a global pandemic, Indians have found a new way to invest in the yellow metal – Digital Gold. As people are hesitant to visit jewellery stores and gold dealers, being able to procure gold online has come as a perfect solution to many investors. One Digital Gold trader, Augmont Gold Ltd. saw its businesses increase by 40-50% during the lockdown period. So before we dive into what Digital Gold i...