Sebi chairman Tuhin Kanta Pandey on Friday clarified that the markets regulator is not looking to regulate 'digital gold' or 'e-gold' products as these do not fall under its purview. Speaking on the sidelines of the National Conclave on REITs and InvITs-2025, Pandey said that regulated gold-related investments can be made through exchange-traded funds (ETFs) offered by mutual funds or through other tradable gold securities. The clarification came days after the digital gold industry urged the Securities and Exchange Board of India (Sebi) to bring digital gold platforms under formal regulation. Earlier this month, Sebi had warned investors against investing in digital or e-gold products, saying such instruments fall outside its regulatory framework and involve significant risks. The cautionary statement came after Sebi observed that some online platforms have been promoting digital gold' or e-gold' products as an easy alternative to investing in physical gold. "In this context, it
The development comes weeks after the markets regulator warned investors against investing in digital or e-gold products, stating that such instruments fall outside its regulatory framework
Following Sebi's warning that digital gold lies outside its regulatory scope, fintechs are facing scrutiny over vault practices, investor safety, and KYC compliance
SIP inflows surge to a record high of Rs 29,529 crore; AUM nears Rs 80 trillion
Half of the top 10 schemes pare exposure, others raise their bets
Choice Mutual Fund on Friday announced the launch of its gold ETF providing investors an affordable and secure avenue to gain exposure to the yellow metal. The new fund offer will remain open till October 31. The Choice gold Exchange Traded Fund (ETF) will provide investors a simple, secure and liquid route to tap the yellow metal's long- term growth potential, Choice Mutual Fund (MF) said in a statement. The open-ended scheme seeks to generate returns in line with domestic gold prices and offers a liquid alternative to physical gold. The minimum investment during the NFO is Rs 1,000, and the fund will be listed on the BSE and NSE within a week of closure, it added. "Gold ETF investors carry no risk of physical storage, but the instrument offers the same market value and growth potential of physical gold. "In an era of geopolitical tensions and economic uncertainty, it is one of the best asset classes that ensures safety for one's money and has potential to provide long term return
Sharp two-day decline in gold prices has made gold healthier as momentum-driven froth has largely subsided. Long-term fundamentals are intact and call for much higher prices
The NFO is benchmarked against the domestic price of gold. According to the SID, the risk of the fund, as well as the benchmark, is high
ETFs offer cost efficiency and real-time pricing, while FoFs bring convenience and simplicity. Experts explain how investors should pick between the two.
With gold and silver at record highs, understand how ETFs are taxed before making your move
Our fund of funds isn't allowed to invest in silver futures, only in silver ETFs. So, we had no option but to pause fresh purchases - else, investors would enter at a 10 per cent premium, Shah said
Gold prices hit record highs ahead of Diwali. Explore expert tips on the best gold investment options, physical gold, jewellery, digital gold or ETFs - for maximum returns.
Gold may correct lower on a firmer Dollar as Fed largely remains cautious on rate cuts going forward. However, downside is expected to be limited
While jewellery purchases can continue as per family tradition, investors should consider channeling a significant portion of this into smarter options such as Sovereign Gold Bonds or Gold ETFs
On the technical side, charts are crystal clear. Gold recently broke out of a bullish pole-and-flag pattern on the weekly time-frame, a setup that often precedes strong continuation rallies.
Gold outlook: As the Fed Chair Powell's focus has shifted from inflation to the weakening US job market, the US monthly job report will be critical for gold for short-term trading.
Gold outlook: Spot gold continues to find robust support from a confluence of macroeconomic factors, chief among them being the rapidly deteriorating fiscal landscape in major economies.
Angel One Gold ETF will be listed on NSE, offering liquidity and ease of trading, and will hold 99.5 per cent pure gold
Gold trading strategy: In the near-term, safe haven demand is somewhat subdued due to US-China trade truce extension and hopes from the upcoming US-Russia meeting in Alaska.
Gold faces a strong resistance at $3420 (₹102,300 at INR/USD rate of ₹87.43) as posed by the 4-month-old trendline.