Press Release & Caution Raised by SEBI

Written by Jainam Resources

Last Updated on: November 17, 2025

PR No.70/2025

Caution to public regarding dealing in ‘Digital Gold’

SEBI has enabled investments in gold and gold related instruments through various SEBI
regulated gold products. These are exchange traded commodity derivative contracts, Gold
Exchange Traded Funds (ETFs) offered by Mutual Funds and Electronic Gold Receipts
(EGRs) tradeable on stock exchanges. Investments in these SEBI regulated gold products
can be made through SEBI registered intermediaries and are governed by the regulatory
framework prescribed by SEBI.

It has come to the notice of SEBI that some digital/online platforms are offering investors
to invest in ‘Digital Gold/E-Gold Products’. Digital Gold is being marketed as an alternative
for investment in physical gold.

In this context, it is informed that such digital gold products are different from SEBI
regulated gold products as they are neither notified as securities nor regulated as
commodity derivatives. They operate entirely outside the purview of SEBI. Such digital gold
products may entail significant risks for investors and may expose investors to counterparty
and operational risks.

Investors / participants are made aware that none of the investor protection mechanisms
under securities market purview shall be available for investments in such Digital Gold/ E
Gold products.

Mumbai
November 08, 2025