SEBI has enabled investments in gold and gold related instruments through various SEBI regulated gold products. These are exchange traded commodity derivative contracts, Gold Exchange Traded Funds
(ETFs) offered by Mutual Funds and Electronic Gold Receipts (EGRs) tradeable on stock exchanges. It has come to the notice of SEBI that some digital/online platforms are offering investors to invest in ‘Digital
Gold/E-Gold Products’. Digital Gold is being marketed as an alternative for investment in physical gold. In this context, it is informed that such digital gold products are different from SEBI regulated gold products as they are neither notified as securities nor regulated as commodity derivatives. They operate entirely outside the purview of SEBI. Such digital gold products may entail significant risks for investors and may
expose investors to counterparty and operational risks.
