PHYSICAL GOLD VS DIGITAL GOLD WHICH IS THE BEST
Most people think that digital gold is not good because they do not have it. He does not believe in buying digital gold. They feel that they can suffer a lot by buying digital gold. This is the reason. They feel that nobody should buy Digital Gold. We should always buy physical gold.
But it is wrong to believe that physical gold is good. Digital Gold is not good.
According to my, if you want to invest in gold, then you should buy digital gold and if you want to wear gold as jewelry then you should buy physical gold. In this article, I will tell you some reasons that why we should not invest in physical gold, and why we should invest in digital gold.
1. SAFETY
IN PHYSICAL GOLD
You have all the responsibility in physical gold. If gold was stolen. If you get lost somewhere, you will have all this responsibility. And all the loss will be yours, therefore, you have to take care of gold and you will have to take all the responsibility.
IN DIGITAL GOLD
But this is not the case in digital gold. In this, you just have to buy gold from the app. After that, it will be in store. In the warehouse of the same reputed company from which you bought gold. So all the safety and security is the responsibility of the company from which you bought gold. So your responsibility for safety and security ends here.
2. PURITY
IN PHYSICAL GOLD
If you go to buy gold from a goldsmith shop, you cannot buy 24-carat gold. You only have to buy 23-carat gold.
IN DIGITAL GOLD
But this is not the case in Digital Gold. There you buy 24-carat gold through the app.
EXTRA CHARGES
IN PHYSICAL GOLD
If you go to a goldsmith shop to buy gold, then the goldsmith sells you gold by various types of charges. Like making jewelry. And also Like making jewelry etc. Because of this, you get gold at an 8 to 10% higher price.
IN DIGITAL GOLD
But this does not happen in digital gold, you just have to buy gold from the app and do not have to pay any extra charge like making gold and polish done on gold.
3. MINIMUM INVESTMENT
IN PHYSICAL GOLD
What happens in physical gold that you cannot buy gold of ₹ 100 or ₹ 200?
In physical gold, you have to buy a minimum of 4000 or ₹ 5000 gold.
IN DIGITAL GOLD
But you can also invest a minimum of ₹ 100 in digital gold. Because you are not getting gold physically in digital gold, you can also invest at least ₹ 100.
4. LIQUIDITY
IN PHYSICAL GOLD
What happens in physical gold is that if you have to sell gold, then you have to go to the goldsmith shop. The goldsmith will check your gold. And also will check his purity, etc.
IN DIGITAL GOLD
But this does not happen in Digital Gold. If you do not have gold, the gold is with the same company from where you bought it, then the responsibility of its purity is also with that company. You have to sell the gold back to the same company and redeem your money.
If you really want to invest in gold, then you should not invest in physical gold. You should invest in digital gold only. So don't be like ordinary people, be digital, it is your only advantage. This is the reason why according to me it is better to invest in digital gold than physical gold!.
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