@@natikalyntonstanaway6403 Wanna invest in Gold? *How Does Digital Gold Work?* Digital gold is issued by the state-owned MMTC (Metals and Minerals Trading Corporation), which is associated with PAMP (Produits Artistiques Métaux Précieux), Switzerland, who is a global leader in branding bullion. By investing in digital gold, you purchase 24K 99.9% pure gold digitally. You can invest as low as $1000 in digital gold. Digital gold provides a transparent means to buy and sell gold digitally. Investing in digital gold is similar to physical gold and the only exception is that you are not going to get the gold to possess physically. This offers you a clear advantage as you don’t have to worry about purity, storage, making charges, wastage, and liquidity. 2. Why Should You Invest in Digital Gold? You cannot directly invest in digital gold as you need an authorised third party. When you place an order for digital gold with your agent, they buy the corresponding amount of gold and place it in a vault on your behalf. Likewise, when you wish to sell your digital gold holdings, the agent will sell the gold at the prevailing market price and deposit the amount to your account. The process is entirely digital and safe. At no point, the investors are handed physical gold. 3. Digital Gold and Mutual Funds Investing in physical gold comes with a lot of charges. If you are buying gold jewellery, then the vendor imposes making charges to manufacture the jewellery. The vendor in the process wastes some gold for which he charges the buyer. Hence, investing in gold jewellery will prove to be an expensive option. Also, you are never sure of the purity of the gold you are buying. If you are buying gold bars and coins, then you need a safe place to store the same. In this case, you will have to be extremely careful about the place where you are going to store them. There are bank lockers available where you can safely deposit your belongings. However, they too come at a certain cost. Hence, investing in physical gold is not a viable option. If you are to invest in gold, then the best option you have is digital gold. This is 24K 99.9% pure gold, and there is no chance of losing this,also there are high profit returns up to $1,000,000. It does not come with charges such as making and wastage charges. You don’t have to worry about safety, and it is easy to buy and sell. 4. Conclusion You may think of gold mutual funds and gold ETFs (exchange-traded funds) when you hear digital gold. Both gold mutual funds and gold ETFs are an excellent alternative to physical gold. However, they are not as efficient as digital gold is. This is because you have to pay expenses such as expense ratio and other relevant charges to the fund house. But in the case of digital gold, there are no such charges. Hence, digital gold is the best way to invest in gold. Also, what makes digital gold special is that you can get your holdings exchanged for physical gold and is delivered at your doorstep. This option is not available with gold ETFs and mutual funds. Conclusion Investing in physical gold is never a good idea as you will incur several charges. Hence, you must invest in digital gold where you get the real value of gold for money. To get started, contact us +1 347-956-9904 (WhatsApp)
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