Digital Gold

Oropocket08 Nov, 2021Business

Gold has been a popular go-to asset for Indians for several decades now.And why not? It is perhaps one of the few assets that does not lose its value over time. However, this asset is mostly held in physical form?-?jewellery, bars, and coins?-?which gives rise to several challenges regarding storage and security.Accordingly, many investors have been looking for a better alternative and have managed to find an ideal match in digital gold. There is a lot of speculation among investors concerning whether digital gold can emerge as a better alternative. Of course, the answer to this question is subjective. Then again, it's suggested to take a close look at the difference in concept and approach towards physical and digital gold investment to gain a better idea.