SEBI digital gold warning, Digital gold investment: The Securities and Exchange Board of India (SEBI) has issued a public advisory warning investors against dealing in so-called ‘Digital Gold ’ or ‘E-Gold’ products offered through various online platforms. The market regulator clarified that these offerings are not regulated by SEBI and fall entirely outside its purview.

SEBI digital gold circular

In its advisory titled ‘Caution to public regarding dealing in ‘Digital Gold’’, SEBI stated, “SEBI has enabled investments in gold and gold related instruments through various SEBI regulated gold products. These are exchange traded commodity derivative contracts, Gold Exchange Traded Funds (ETFs) offered by Mutual Funds and Electronic Gold Receipts (EGRs) tradeable on stock exchanges.”

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