Investing in gold: Zerodha CEO on SEBI’s notice on Digital Gold; calls ETFs 'safest option'
Zerodha CEO Nithin Kamath has cautioned investors against digital gold, echoing SEBI's advisory that it's unregulated and inefficient. He highlighted significant upfront costs and lack of recourse if platforms fail. Kamath recommends Gold ETFs as the safest and easiest investment avenue for gold, especially with Sovereign Gold Bonds now discontinued.
Zerodha CEO Nithin Kamath has cautioned investors against digital gold, echoing SEBI's advisory that it's unregulated and inefficient. He highlighted significant upfront costs and lack of recourse if platforms fail. Kamath recommends Gold ETFs as the safest and easiest investment avenue for gold, especially with Sovereign Gold Bonds now discontinued.
