We have a new way to invest in Gold: Digital Gold. A safe, convenient and easy method to invest in Gold. Here's why you should buy it:
With improvement in technology and increase in apprehension to to visit jewellery stores or Gold dealers, especially post pandemic, Indians have found compelling reasons to buy digital gold
Having a history of more than 3000 years as a valuable metal, Gold is considered "God's Money" in India.
We use it for gifting, as a household's possessions in addition to jewellery and as a present to places of worship like temples and gurudwaras.
As a result, India is currently the world's largest Gold importer.
This cost-effective method to purchase Digital Gold online has proven to be a viable option for many investors.
It's perfect for customers who desire the advantages of investing in Gold while still having the option of receiving physical delivery quickly.
For such individuals looking to amass Gold with the option of delivery, Digital Gold is a safe, convenient, and hassle-free way to do so.
Here are 10 reasons why you need to buy Digital Gold today:
1. You can start investing from as low as Re 1
The best thing about investing in Digital Gold is that you can start saving and investing in Gold from as low as Re 1.
It provides this flexibility which no other form of Gold does. You can purchase in small amounts depending on your financial ability.
2. There are no storage or security issues
In the case of physical Gold, you'll have to get a vault to store your Gold and there's always a chance of it getting stolen.
Digital Gold filled that loophole. There are no storage or security issues with Digital Gold.
Every gram of Gold in your account is guaranteed by real Gold stored in a secure vault in your name by the seller. There's no risk anytime.
3. You can buy and sell Gold anytime
Gold was once used as a currency as is still the most liquid asset on the market.
You can buy and sell Gold at any time and from any location in a few easy steps.
The funds are directly put into your bank account or registered wallet.
To acquire the full resale value of Gold in the future, you don't need to visit a dealer or retain a protected Gold purchase account for many years.
4. There are no hidden fees
Digital Gold allows you to trade only in pure Gold, i.e. 24 carat Gold.
There are no hidden fees anywhere in the process and the entire amount you spend is invested in Gold.
You only have to pay 3% GST when you make a transaction.
5. You get genuine 24k 99.99% pure Gold
For every gram of Gold you purchase, genuine 24k Gold is held in a locker in your name by one of India's three Gold banks: Augmont, MMTC PAMP, and SafeGold.
This assures that your safety is never jeopardised. You don't have to worry about it getting stolen or outdated, which is the case of physical Gold.
SafeGold, Jar's partner Gold Bank, only buys Gold bars that meet the 'Good Delivery' criteria, and all coins are assay confirmed by a government-approved laboratory.
To assure the greatest purity of 99.99 percent 24K Gold, each coin and bar is professionally verified.
6. You can get Gold physically delivered at home
If you want your Gold to be delivered at home, you can have it delivered to their home in a tamper-proof, insured package at any time. No making or delivery charges.
7. Digital Gold may easily be exchanged for Jewellery
As we said before, Gold is a liquid commodity. Digital Gold may easily be exchanged for jewellery at some associate jewellers.
In SafeGold's case, which is Jar's partner Gold bank, CaratLane, Tanishq, and Candere by Kalyan are among it's jewellery partners.
8. You can gift Gold to anyone, anytime
Isn't it cool? You can now gift Gold digitally to your loved ones without burning a hole in your pocket - any time and from anywhere.
That too in a few steps on the Jar app. Make every occasion special with this benefit of Digital Gold.
9. Gold is easy to purchase
You can purchase Digital Gold through a variety of mobile wallets, UPI apps, and banks, like Jar, PayTm, PhonePe, Bajaj Finserv, MobiKwik, and others.
It is so convenient and easy to buy that Digital Gold is now owned by over 100 million people. What are you waiting for?
10. Gold is a hedge against inflation and market volatility
Fixed-interest investments, particularly fixed deposits, have a tough time producing returns.
Shares or equities, on the other hand, have soared so sharply that they are certain to remain dangerous investments.
Real estate is a long-term investment that is not liquid. As a result, there is a great deal of uncertainty.
But Gold is considered a safe asset. In the previous ten years, Gold's prices have increased by roughly 300%.
It has shown to be a strong hedge against unexpected markets over time due to its scarcity.
In terms of investment and trade, Gold, in any form, has a long track record. It is thought to be a dependable and solid alternative.
Despite changes in how Gold is handled, Gold investing is unlikely to go out of style in the future, particularly for long-term investors.
Hence, it's always a good time to invest in Gold.
Gold investments have found a place in portfolios spanning centuries. While the manner in which invested Gold is held is evolving, Gold investment is unlikely to go out of style in the near future, especially for individuals seeking to build long-term wealth.
For digital natives who choose a trusted instrument in the safety of their familiar digital realm, investing in Digital Gold to generate long-term wealth is a far smarter and safer decision.
Why are you missing out on this amazing investment? Download the Jar app now and start investing in Gold from Re 1 right away.