Hello Aspirant

The biggest advantage of buying digital gold for the investor is being able to buy and accumulate physical gold in fractional quantities and the multiple redemption options. Then, there’s also the ease of online execution and the comfort of holding physical gold.

There is a one-time cost for storage and safety. This cost is included in the price of gold at the time of buying. “The spread between the buy and sell prices is 2.95%. This covers all costs of the transaction, including the costs of maintaining the platform, processing payments, procuring and selling physical gold, insurance and storage up to five years. Further, to support the product, we maintain adequate funds at all times to be able to purchase any gold sold to us; this cost of liquidity is also covered," said Hegde.

Hope it helps

Thank you & Good Luck!!!