||The purity of investment is guaranteed (24k 99.9%).
||The gold in question may not be 99.5% pure.
||The digital gold price is uniform in India.
||Prices often vary from one state to another.
||Gold is bought and sold either denominated by price or weight.
||Gold coins and biscuits are available in the denominations of 10 gm.
||It is stored in secured lockers under the investors’ name.
||The responsibility to store gold rests on buyers.
||Digital gold investment is quick and hassle-free. You can buy or sell gold online with a few clicks.
||Physical gold can be traded only after you schedule a meeting with a jeweller or bank.
||It can be readily redeemed into bullion, cash or coins.
||Usually, they are exchanged through a jeweller.
||The gains you make from gold investments held for less than 3 years are taxed as per your income tax slab. However, the gains on investment held for more than 3 years are taxed at 20% with the indexation benefit.
||The proceeds from a gold investment held for less than 3 years are taxed as per the income tax slab. Conversely, profits on the gold you held for more than 3 years will be taxed at 20% and with indexation benefit.
||Investors have to pay a 3% GST for investing in digital gold.
||When you buy gold jewellery, you have to pay at least 20% - 30% of its value as making charges.