March 03, 2019

E-gold/ what is E-gold/E-gold investment

E-gold! Gold has always been a investment destination for the people across the world. It has always given good return over a period of time. People traditionally invest and store them for bad times. But there is a problem with the safety of gold. There has always been an apprehension for theft and robbery. But with e-gold there is not such type of apprehension. It is a non-traditional way of investing in gold.
What is e-gold
E-gold

What is E-gold?

E-gold is an electronic form of the  natural Gold. It is traded on National Spot Exchange as an electronic form of Natural Gold.

If one buy a unit of e-gold at the National Spot Exchange, the same amount of natural gold are kept in a safe house and you get the no. of units equivalent to your invested amount.

You can get its physical delivery as your wish. National Spot Exchange facilitate a platform at the national level for gold trading. It ensures its price and purity.

It is sold in the denominations of one gram and its multiples. Its one unit is equivalent to one gram. It is stored in your Demat account with other securities. It is a simple, quick, reliable and cheap way of investment.

Benefits of E-gold

There are so many benefits of E-gold that it is rapidly going popular in investors.
  • This is the reason for its popularity in general mass. When someone buy natural gold from a shop he cannot be sure of its purity but with E-gold there is no such apprehension. E-gold is sold with its maximum purity.
  • If you have gold in its physical form there is always a risk of robbery and theft. You keep it either in a safe place or in the Bank locker. But in E-gold your gold is kept in a safe house at a warehouse of NSEL and the equivalent unit of E-gold is kept in the electronic form in your Demat account.
  • The E-gold is available in one gram denominations and its multiples. If you wish to buy one gram of natural gold, it will be a little difficult for you. So, E-gold is very convenient.
  • Transaction of E-gold is very simple than natural gold. It is sold by one clique of your computer Keyboard. And you can buy it by the same way.
  • The price of Natural gold varies region to region. But the price of E-gold is same across the whole country.
  • You have to sell the Natural gold at a discount but the E-gold is sold at same market price.
All the above features of E-gold make it very popular investment option. It has given a very good return over a period of time.
So friends what are you waiting for, make use of this investment option. If this article is any use of you like and comment it.

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