SEBI: In an ever-increasing digital world, where everything is online, even gold is now being sold digitally. As easy and safe as "digital gold" sounds, the reality is equally shocking. Is there a hidden danger behind these offers circulating on social media? Is your hard-earned money truly safe? The warning issued by SEBI is an eye-opener for every investor. Learn why "digital gold" carries a significant risk and how you can make wise, real investments.

SEBI: Nowadays, everything is going digital, whether it's money or gold. The term "digital gold" or "e-gold" is spreading rapidly on social media and online platforms. People are investing in it, believing it to be an easy digital version of real gold. But now, market regulator SEBI (Securities and Exchange Board of India) has issued a clear warning that investing in digital gold is not without risk.

What did SEBI say?

SEBI issued a statement on Saturday stating that digital gold or e-gold does not fall within its regulatory framework. This means SEBI has no control over them. They are neither recognized as "securities" nor "commodity derivatives." Consequently, such investments are completely unregulated.

Why is there a risk?

Many online platforms promoting digital gold claim that it is as safe as real gold. However, the truth is that such investments carry a high risk of fraud, technical glitches, or loss of money. If a company or website goes bust, investors have no guaranteed way to get their money back.

What to do if you want to invest in gold?

SEBI has advised investors to use SEBI-regulated instruments, such as Gold Exchange Traded Funds (ETFs), commodity derivative contracts, or Electronic Gold Receipts, which are traded on the stock market. All these investment methods comply with SEBI regulations and ensure investor protection.

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