Uploaded on Sep 13, 2022
Your purchased Gold can be redeemed any time at any of our 127+ Senco stores spread all across India. Hassle-free transaction with seamless shopping experience.
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Why Investing in Digital Gold is More Convenient
than Physical Gold?
“The desire of gold is not
for gold, it's for the sake of
liberty and benefit”. It
certainly is. Investing in
gold provides you with both
of these features, which
assist in guaranteeing your
present and future and
futures of your loved ones.
However, there was a period when buying this
valuable metal in its basic form was the only way
to acquire it. As a result the investor became
subject to theft and storage concerns, which
curtailed their gold purchasing. Thankfully, this is
no longer the case. Now one can avail the
opportunity to invest in gold via various media, of
which most popular is digital gold. Digital gold is a
new age version of buying gold through online
portals like mydigigold; for every gram of gold you
buy, an equivalent quantity of
24K gold of 99.99% purity is kept in a secure
vault.
How digital gold beats physical gold
If you are still at fix about digital gold Vs physical gold, let us clear the confusion how digital gold beats physical gold on almost all fonts.
Costs to Buy
When you buy gold in physical form, you end up paying an additional making charge which ranges between 5% to 20% of the
gold value. Digital gold on the other hand entails absolutely no making costs especially when you redeem your gold in digital
form as well, making it far more lucrative for investment purposes.
Costs to Hold
After purchasing physical gold, you end up taking up a bank locker to store it safely which again costs you an extra charge.
Digital gold once again entails zero holding cost.
Authenticity
Authenticity of physical gold is often questionable, depending on the genuineness of the jewellery merchant. Purity also tends to
vary from city to city, from jeweller to jeweller.
Digital gold eliminates these fears of authenticity, as it represents certified gold of 24K of 99.99% purity.
Ease of Liquidity
Digital gold can be easily sold online anytime and at live market price which makes it a hassle-free buying and selling option of
gold, whereas in case of selling physical gold, jewellers often offer lower price than live market rate.
All these aforementioned points make investment in digital gold amenable to many uses for the new age investors, from self-
purchase to investment and gifting purposes making it far more transparent and lucrative. So start buying digital gold and
invest in a smart way.
Visit https://mydigigold.com/ for more details
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