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What Is Digital Gold And Should You Invest In It?

What Is Digital Gold And Should You Invest In It?

Submitted by • December 2, 2019 bit.ly

The shiny yellow metal, Gold, holds an extremely significant place in the hearts of Indians - the second largest consumer of Gold in the world. Be it in the form of bars and coins or be it jewelry, Gold of different carat values can be easily found in almost all households in India.
People also purchase lockers in banks to store their gold which further adds to the cost of buying and maintaining the precious metal. There is always a risk of your gold being stolen or destroyed.
What is Digital Gold?
You buy gold from a bullion trader and he promises to keep it safe and secure with him so that you do not have to bear the costs and the risk of storing it with yourself. You can also sell as small a quantity as you want and buy a quantity as small as you want.

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Voted by Jeff1234b

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