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This article discusses SEBI’s warning on digital gold, explaining its risks and suggesting safer investment options.

SEBI has issued a warning to investors about the risks of investing in ‘Digital Gold’. This comes as the price of physical gold has reached all-time highs this year.

On November 8, SEBI announced that some digital platforms are promoting ‘digital gold’ as an alternative to physical gold. However, these digital gold products are not regulated by SEBI and pose risks to investors, including operational and counterparty risks.

Investors are advised to choose SEBI-regulated products like gold ETFs and electronic gold receipts. These regulated options ensure investor safety and can be accessed through SEBI-registered intermediaries.

Digital gold allows users to

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