People have been buying gold for ages now, and this yellow metal has gone through a big makeover through generations. It is now a convenient, affordable, safe and liquid investment, and has served as a perfect blend of investment, convenience and risk-free performer. The pandemic also raised the urgent need for long-term financial security, with digital gold investment showing a 150% increase through the 2021 global pandemic. Hence, gold retains its hedge and buffer even in fluctuating markets.
Today, digital gold promises durability and purity through many investing options. So, it makes it an essential part of every healthy and well balanced investment portfolio. Virtual gold offers a risk-free storage facility with convenient online transactions, which has made it a popular investment option among millennials.
So, if you are planning on putting your money on digital gold investments, then these below mentioned points could help you through -
- You can buy digitized gold online and store it in a certified, insured vault. Investors don't need to verify the purity and secure storage for digital gold.
- You may start as small as 0.5 gm.
- Purchasing certified 24K gold is hassle-free. It ensures that yellow metal is a safe hedge against inflation. So, there is no right or wrong time to invest in digital gold.
- Digital gold is the most flexible, affordable, and secure option where the market’s location doesn’t influence the digital gold rates. The reason being investors can continue making small periodic investments. It helps develop a strong portfolio and secures a financial future.
- Virtual gold takes the cake in the battle of digital gold vs. physical gold due to its high liquidity. Unlike the latter, virtual gold has 24*7 availability.
Digital gold is the new mine for the younger generation, building their investment portfolio in the new normal. It allows the investors to own physical gold with the benefits of new age technology that eliminates the hassle of investigating the purity of gold and secure storage options. Hence, it is safe to say that digital gold will soon be the next big investment in the portfolios of young investors as a profitable instrument with long-term gain.