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Know what is digital gold, if you are investing in gold, then first know these important things

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Know what is digital gold, if you are investing in gold, then first know these important things

In today’s world everyone wants to secure their present and future. For this, people invest some money from their salary in different ways. Many people keep money in the bank, many people get FD, many people take LIC policy, many people invest in SIP and do many types of investments. All this so that there is no financial problem in future. But apart from all this, people also invest in gold. Gold prices fluctuate every day and investing in them is considered quite safe. At the same time, digital gold can be a much better option for investment nowadays. In such a situation, if you are also thinking of investing in gold, then you have to take care of some things during this time. So let us tell you what things you should keep in mind before investing in gold. You can know about it in the next slides.What is Digital Gold?  Five things to know - Finserv Markets

What is digital gold?
Actually, digital gold is a way to buy gold online from home. You also understand that you don’t need to go to any store to buy it, but you can buy it from your mobile at home and keep it safe in your app wallet. Also, whenever needed, you can sell it according to your choice.

Why is digital gold beneficial?
The biggest feature of digital gold is that there is no fear of theft in it. It is securely stored in your application’s wallet and you can convert it to real gold at any time. However, for this you will have to pay a little extra charge. It is also important to know that this gold can be converted into investment gold coins or gold bars.

Can I invest in digital gold through my demat account - Finserve Markets
paper form gold
If you are thinking of investing in gold, it does not mean that you should buy only jewellery. You can also replace them with bonds, gold ETFs. Paper gold is a good buy for long-term goals with lower management costs as compared to paper form gold.

Gold Mutual Fund
You can also invest in Gold Mutual Funds. In this, your money is invested in gold and the fund manager takes care of the money of the investors. Also, changing market conditions affect your return on investment.Is it safe to invest in Digital Gold?  - Quora

Don’t make these mistakes:-
don’t make big investments
invest less money in gold first
It is necessary to check the hallmark while buying jewelery
Keep a jewelery bill with you, so that you do not have any problem later.
Buy jewelery only from a good store, so that you can avoid adulteration and fake gold.

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