Indians have been buying and gifting gold since centuries. The festival of Dhanteras marks the celebration of Goddess Lakshmi when people buy gold, silver ornaments or coins as a symbol of wealth.
With the current fluctuating market conditions, digital gold is becoming a reliable and sustainable investment option for many.
Digital gold is a digital instrument that allows you to invest in pure gold. The dealer stores an equivalent amount of actual gold in safe vaults. Following payment, you will receive an invoice, and the indicated quantity shows under the vault balance in your service provider's account.
Did you know you can buy gold from as low was Rs 10 on the Wizely app?
As a buyer of digital gold, you can sell your gold at any moment at the current market rates in rupees or grams. After deducting any manufacturing and packaging fees, you can also take physical custody of the gold, in the form of coins or jewellery.
The amount of digital gold that can be purchased has no upper limit. The highest amount of gold that can be purchased in a single day is Rs 2 lakh. Need more reasons to invest in digital gold?
Start saving in digital gold with as low as Rs 10 and earn up to Rs 25 lakhs on the Wizely app.
Top 5 Reasons to Invest in Digital Gold This Dhanteras
1. Your investment is completely safe.
The gold you buy online is assigned to you as genuine gold that you own and stored in fully insured, accredited vaults on highly secure premises. This vault is further protected by IDBI Trusteeship, which is responsible for safeguarding the interests of digital gold investors. The Trustee is entitled to act on your behalf and ensure that your interests are protected.
2. You can sell your digital gold anytime, anywhere.
Gold prices have increased by roughly 300 per cent in the last ten years. Investors can easily resell their gold holdings at current market value by investing in digital gold without incurring any further costs. Instant Bank Send makes it simple to transfer funds to the registered bank account.
Gold has proven a great hedge against unexpected markets over time due to its scarcity. In recent months, gold prices have climbed considerably. Because the markets are volatile and unpredictable, digital gold is a safe bet and a great way to protect against market volatility.
You can also earn multiple rewards by investing in digital gold with Wizely!
3. You can start investing with as little as Rs 10 to get started.
With Wizely, you can start investing in digital gold with as little as Rs 10! You can even earn rewards up to Rs 25 lakhs on the Wizely app. See for yourself, download the app right away!
And by investing tiny amounts of money over time in a high-return asset like gold, you may establish a stable investment portfolio and protect your financial future. The wholesale market rate, rather than local factors such as geography or even a global epidemic, sets the price of digital gold, making it more accessible to buyers.
You can also invest online through MMTC-PAMP partners such as GPay, PayTM, and PhonePe, among others. You can also communicate to your relationship manager at companies like Aditya Birla Capital, Fisdom, Motilal Oswal, and HDFC Securities if you have access to wealth management services. They will allow you to invest in digital gold that is pure 99.9% 24 karat.
4. Protect yourself against volatile markets.
Gold investments have long been hailed as a reliable option, and they have found a place in portfolios that transcend decades. While how invested gold is held is changing, gold investing as a whole is unlikely to go out of style, especially for individuals aiming to develop long-term wealth.
Despite the stock market's volatility and digitization making the process convenient, secure, and safe, the epidemic has refocused attention on gold investments.
As the average age of investors rises, so will their favoured investment strategy. For digital natives who choose a trusted instrument in the safety of their familiar digital realm, investing in digital gold to generate long-term wealth is a far more intelligent and safer decision.
5. Get 24K pure gold delivered to your doorstep.
With Wizely, you can exchange your digital gold for physical gold at anytime and any place.
All one has to do is choose from the available options of coins in a variety of weights, which will be safely delivered to your home. The delivery can be tracked at any time by logging into the platform.
(Check out 'Learn & Grow with Wizely' to read and learn more all about investment instruments.)