Gold Got A Digital Facelift. How's That Going?

The lockdown and more digitalisation have accelerated digital gold's growth. Is that a problem?

<div class="paragraphs"><p>A 1 Kilo gold bar. Photographer: Christopher Pike/Bloomberg</p></div>
A 1 Kilo gold bar. Photographer: Christopher Pike/Bloomberg
You may no longer be able to buy candy for a rupee but you can buy gold. That pitch has been enough to draw a country besotted with the precious metal to its digital avatar. Sales have risen, particularly as the pandemic accelerated the move towards all things digital.The rising interest promoted India's capital markets regulator to warn that these products are unregulated and shouldn't be offered by registered investment advisors. W...
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