In this article, you learn about the Digital gold investment and everything in detail let us get started.
Overview
Consider your daughter’s wedding around the corner and you want to give her something special. something that will truly touch your heart and she will treasure it forever. How about gifting your daughter digital gold. Digital gold is truly a digitized method of purchasing gold. In this day and age where everything is being digitized. Digital gold truly offers your method of investing in gold without having any risks associated with it. On occasions like Dhanteras and Diwali, Indian people scramble to purchase gold because of its very nature. Gold is an auspicious element that brings a huge amount of good luck and fortune to its owners. Anyone who buys gold can truly have fortune play an important part in their lives. However, owning physical gold comes with its own risks and challenges.
Why Go Digital Gold?
First of all, to invest in physical gold, you need to ensure that you properly have money kept aside for investment. Investing in physical gold is always required for a lump sum amount of money for you to purchase physical gold. Secondly physical gold requires secure storage space and great care due to its preciousness. You need to carefully preserve gold away from prying eyes and themes. If gold misplaces due to carelessness from the owner, it can Break Havoc and Chaos in the family. Owning physical gold also forces you to bear different kinds of charges and Taxes that are levied on gold.
You need to take care of taxes like GST VAT and making charges along with other taxes that gets levied on gold. However, in most cases, you do not get the full value of gold after you send it. This is because the system infrastructure a designed in such a way that it always tells you there are some the Other impurities or problems existing in your gold. This does not allow you to fully recognize the true value of your gold.
Risks of Physical Gold
Apart from all of these issues that physical gold has, only physical gold can be easily emptied out of your bank account. In today’s day and age, you cannot buy physical gold for rupees hundred. these are some of the problems that get associated with owning physical gold. Now you may ask what is the solution to this, and just plain and simple answer is that you can invest in digital gold. Digital gold becomes the best form of medium that you can own that gives you the flexibility and efficiency of owning a valuable metal. Digital gold truly ensures you that you do not have to bear the risks and the issues that are present in owning physical gold
With the amount of digitization happening all around the world, digital gold has also been modernizing for the common man. Now you can invest a sum of rupees as low as Rupees 1 to any amount as high as you like in digital gold. Digital gold offers you the flexibility and convenience of owning physical gold in the best possible manner.
Process of acquiring Digital Gold
Let me explain to you what happens when you purchase digital gold. When you go to purchase digital gold you place an order on the website. say for example you place an order of rupees 500. This order gets received by the Bullion vendor. The bullion vendor purchases gold of the same amount on your behalf and securely stores it in secure storage spaces such as lockers. Side by side, in your portfolio a record gets shown to you that you have purchased physical gold of rupees 500, along with the option to redeem it.
Customers of digital gold, also have the option to redeem the gold that they purchase digitally on the platform for any amount. Bullion vendors will buy the gold that you purchase and you get entitled to get the full value of the gold that you invest in.
Why invest in Digital Gold?
Digital gold is one of the safest and most secure investment options supported and backed by the Indian government. Investing in digital gold helps you to purchase truly authentic gold that is of 999 in nature which means that it is of 24 Karat pure authenticity. You get to invest in the purest form of gold that is available today. And you can also monitor your portfolio depending on the investments that you make in physical gold. There is no upper limit to the amount of gold that you can own because no one can steal it from you. In your portfolio, you will be able to calculate and manage the investments that you make in digital gold in the best possible manner and fashion.
Digital gold truly helped you to mitigate the risks that physical gold has. because digital gold does not have any making charges associated with it, it becomes white affordable to digital gold. You can compare digital gold morning to buying bullion items in the form of coins, gold bars, and other valuables.
Digital gold investments supported and backed by the Indian government, instill a trust factor in you. You do not have to worry about your investments vanishing. The safety and security that digital gold has is truly the marble that Indian Technology has bought for digital gold investment.
Benefits of investing in Digital gold
The first benefit that you get when you invest in digital gold is that you can harness the power of compounding. And multiply your Investment’s profits. Digital gold truly offers you a way to make money by playing with the prices of gold. You can invest as low as rupee1 to as high as any amount that you like. Your investments are safe Secure and 100% SSL encrypted. This guarantees you the security you need for Digital gold investment.
There are two other kinds of making charges or manufacturing charges levied on physical gold. This is because you are purchasing gold directly from the vendor. No middlemen get involved in it. so you get 100% value of the gold at your purchase along with the safety and security of the government to back your investments out.
Therefore investing in digital gold becomes a truly rewarding aspect that you can use. digital gold also provides you a much-needed diversity in your portfolio. Indian families are accustomed to investing in different instruments so why not gold.
Steps to invest in Digital Gold
- First of all, you need to ascertain how much amount of money you are willing to spend on digital gold purchases.
- This will be a one-time investment for you to ensure that you have a sufficient amount in your bank balance. Visit the website eswarna.com.
- You will get to see the details that you need to enter to purchase Digital gold. enter the value of gold that you want to purchase in, For example, you want to invest rupees thousand in purchasing Digital gold.
- Click on the quick buy link. You get redirected to a signup page. On this page, you will have to enter details like name address mobile number, and other important information.
- After that, you need to enter the payment details which will help you make the payment for purchasing Digital gold. Submit all your details after you have done filling it out. and congratulations you have successfully purchased the digital gold of rupees thousand.
Digital VS Physical Gold
Digital gold becomes the safest form of investment in today’s Times. gold it’s you it’s your much-needed diversity, that you can use in your portfolio of Investments. Therefore it is the effective time now to invest in digital gold and gain an advantage from it. There are no making charges or other kinds of taxes that get levied on digital gold.
It becomes extremely easy for the common man to purchase digital gold. Because the price of gold decreases, which does not burn a hole in your pocket. You can also purchase digital gold for as low as rupee 1. As this means that any individual having some money in savings with him can invest in a digital gold asset. You can invest in digital gold because of the safety it brings with it.
Conclusion
Compared to Physical Gold Digital gold offers the best form of Investments that you can do for your loved ones. Digital gold in India becomes the next generation of Investments compared to Physical gold. You do not have to worry about your gold getting misplaced. Or Any kind of misfortunate event happening to it. Invest in digital gold and harness the power of compounding, which guarantees you an assured return on the true value of gold that you purchase.
Remember that gold prices depend on the market conditions and economic fluctuations that happened in the market. So as the economy grows so will your Gold prices will grow. The only thing that you need to do is that you need to have patience and keep investing your money in digital gold. You need to hold your money safe for example for a minimum period of 5 years. Invest in digital gold and harness the power of compounding. for information like this check out https://eswarna.com/
