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 needed. Similar to building a portfolio through an SIP (Systematic Investment Plan),
DigiGold enables you to build towards your financial goals one step at a time.
Additional
Benefits Include:
- Ability to buy/sell anytime (24/7) with small amounts.
- Safe custody of your Gold/Silver with insurance.
- No additional costs – you pay only for what you want.
- Quick liquidity – Sell and get your money credited
hassle-free.
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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
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 ...
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 ...
7. What is the minimum amount required to buy digital gold?
You can start buying Gold/Silver for as low as ₹500. You can purchase in multiples beyond that or specify the weight of Gold/Silver you want to buy.
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 ...