Digital Gold
In the case of Digital Gold, gold can be bought online for just Rs.1. For every rupee invested, an equivalent amount of gold is deposited in the organization's vault. In return, any investor can get physical gold on time or, to get dividends, sell gold online. But when selling digital gold, keep in mind that frequent sales will actually increase the cost. Because even if you buy digital gold, you have to pay GST. SEBI banned several firms last year to stop selling unregulated products like crypto and digital gold to consumers. Currently, digital gold is mostly sold by e-commerce platforms and fintech companies.
Gold ETFs can be invested in Exchange Traded Funds or ETFs like buying and selling shares if they have a Demat account.
Cost of Gold ETFs: Gold ETFs can be bought on BSE/NSE using Demat accounts and trading accounts. Hence a brokerage fee is payable when buying or selling ETFs. No making charges and GST are included.