Digital Gold Boom Faces Regulation: New Rules Coming Soon, Buyers Alert!

• Digital gold purchases surged to 12 tonnes (Rs. 16,670 crores) in India this year, driven by youth.
• Accessible for as little as one rupee, offering convenience without physical storage or purity concerns.
• SEBI warned digital gold is unregulated, causing a temporary dip in market demand.
• IBJA is forming a self-regulatory body by January next year to verify physical gold backing.
• New regulations expected by April next year; investors advised caution and reliable platforms.

Why It Matters: Digital gold is booming but faces regulatory changes; new rules and self-regulation are coming.