📢 SEBI issued a major caution on Digital Gold!
Hi, I am Chandralekha and I love talking about money.
If you buy gold using apps like Paytm, Amazon or PhonePe, then this update is important for you.
💡 What’s happening?
SEBI clarified that it does NOT regulate Digital Gold, even though Indians have invested more than ₹1,100 crore through various platforms. Digital Gold is marketed like physical gold without making charges, but it carries hidden costs.
💡 Key risks you should know
✔ Digital Gold has a 3% buy and sell spread, higher than physical gold
✔ No SEBI regulation, unlike Gold ETFs or gold derivatives
✔ Exposed to platform risk, storage risk and pricing risk
✔ Not the same as SGBs, ETFs or Gold Mutual Funds, which are regulated
✔ SEBI has warned platforms against implying they are regulated
💡 What’s next?
✔ Platforms are asking SEBI for regulation or a self regulatory body
✔ If you have invested in Digital Gold, make sure you stay updated
Stay tuned for more updates o...
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