What are the Features of Digital Gold?

Here are some of the top benefits of choosing a digital gold investment:

• Digital Ownership: Purchase gold in a digital format, without physical possession.

• Affordability: Invest in gold in small quantities, making it accessible to a wider range of investors.

• Easy Redemption: Convert your digital gold into physical gold whenever you desire.

• Real-time Pricing: Buy and sell gold at prevailing market rates, ensuring transparency. The ABCD app is considered one of the best apps to buy digital gold in India.

• Secure Storage: Your digital gold is stored securely in a digital vault, eliminating concerns about physical storage

Returns on Digital Gold

The returns on digital gold depend on the price of gold in the market. Historically, gold has been a good hedge against inflation.

• Market-Linked Growth: Your returns depend directly on the digital gold price, which fluctuates daily in line with global trends.

• Inflation Protection: Gold has historically safeguarded wealth by maintaining its value even during rising inflation.

• Transparent Pricing: You always invest or redeem at the live digi gold rate today, ensuring fair and transparent valuation.

• Long-Term Stability: Digital gold offers steady long-term growth potential, making it a dependable asset for diversification.

Who Should Invest in Digital Gold?

A digital gold investment is suitable for a variety of investors, especially those looking for transparency and flexibility aligned with the digital gold price.

Option 1:

● Investors seeking portfolio diversification.
● Individuals looking to hedge against inflation by adding gold to their portfolio.
● Those with a limited investment budget and want to start small.
● Individuals who prefer a hassle-free digital gold investment experience for buying gold.

Option 2:

● Dream of owning gold? Start small, dream big! Digital Gold makes gold ownership accessible to everyone.
● Shield your wealth from inflation. Gold has been a proven hedge against inflation for centuries.
● Diversify your portfolio the smart way. Add a touch of gold to your investment mix.
● Say goodbye to hefty charges. Invest in pure gold, hassle-free.

What is the Tax Implication of Digital Gold?

The tax treatment of Digital Gold depends on how long you hold your investment, and its value is always linked to the digital gold price. Whether you choose to buy digital gold online for short-term gains or long-term wealth planning, taxes apply as below:

• Short-term Capital Gains Tax: If you sell your Digital Gold within 36 months, you'll be taxed at your income tax slab rate.

• Long-term Capital Gains Tax: If you sell your Digital Gold after 36 months, you'll be taxed at 20.8%.

Digital Gold vs Physical Gold

Here are the differences between physical gold and digital gold: