SEBI Warns Against Unregulated Digital Gold Investments

Imagine you want to buy gold, but instead of holding the shiny metal yourself, you buy it on an app.

This is called digital gold.

It's popular because it's easy to buy small amounts, and you don't have to worry about keeping it safe.

However, a government group called SEBI is telling people to be careful.

They say that buying digital gold is like playing a game without any official rules.

If something goes wrong, like the company you bought it from disappears, you might lose all your money.

SEBI says there's no one to protect you if this happens.

They suggest safer ways to invest in gold, like through special funds or bonds that they do watch over to make sure everything is fair and safe.