You will get cheap gold here | Digital Gold | Jagran Business- Watch Video

Under the Gold Monetization Scheme, the government introduced the Sovereign Gold Bond Scheme in November 2015. In accordance with the plan, the issues are opened for subscription in increments by the RBI after consulting with the GOI. The terms and conditions for the scheme are periodically announced by RBI. The following calendar will be available for SGB subscriptions. Before each new tranche, the RBI will announce the SGB rate in a press release.

What is Digital Gold? 

As the term implies, digital gold is gold that is accessible in a digital version. You pay the money for the gold when you purchase it and receive a certificate stating how much gold you have bought. Following the issuance of the certificate, an equivalent amount of real gold is purchased on your behalf and kept in a safe vault.

The decision between Digital Gold and Sovereign Gold Bonds is difficult. Sovereign Gold Bonds and digital gold are two cutting-edge substitutes for physical gold. So, before making an investment, weigh the pros and cons of gold bonds and digital gold.