The Securities and Exchange Board of India (SEBI) has issued a public statement cautioning investors against dealing in ‘Digital Gold’ or ‘E-Gold’ products by unregulated online platforms. The market regulator said such investments are not under its regulatory framework and may pose significant risks to investors.

“It has come to the notice of SEBI that some digital/online platforms are offering investors an opportunity to invest in ‘Digital Gold/E-Gold Products’. In this context, it is informed that such digital gold products are different from SEBI-regulated gold products as they are neither notified as securities nor regulated as commodity derivatives. They operate entirely outside the purview of SEBI,” the regulator said.

What are SEBI-regulated options to invest in gold

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