2. Who stores the Physical Gold / Silver?
The gold
purchased on your behalf is stored with Valgo Retail Services Private Limited
("VALGO"), a leading safe keeper of precious metals worldwide.
The
gold is insured for both storage andtransit during delivery. Additionally, a
Security Trustee has a charge over all gold/silver stored in the vault in your
favor, ensuring your assets are protected at all times, regardless of any
external events.
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5. Why should I buy DigiGold instead of physical Gold / Silver?
With gold prices being high, it can be challenging to make large purchases for your long-term needs at once. DigiGold/Silver allows you to accumulate wealth gradually, giving you the flexibility to sell, monitor, and take physical possession a ...
1. What is Digital Gold?
Digital Gold is a financial asset similar to physical gold or silver, but it is stored in an online vault. Each time you buy digital gold, an equivalent weight of physical gold is stored in a secured vault. This gold is backed by the purest form of ...
13. How can I convert my Digital Gold/Silver into physical form?
Click on the "Delivery" option in the DigiGold/Silver portfolio, select the type of coin, and click "Buy Now!" to get it delivered to your address
10. What is the Taxation on Digital Gold?
The tax on the sale of digital gold/silver is 20.8%, the same as for physical gold and paper gold/silver. For Short-Term Capital Gains (STCG), the tax is charged based on your income slab. Income from gold investments is typically reported on your ...
4. What happens to my Gold if the company goes bankrupt?
The gold associated with your account is separate from the company's other assets. An independent trustee acts on your behalf, and the gold/silver linked to your account is held by a custodian. When you request delivery, the required quantity is ...