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Investors can buy Gold in India as E-gold from NSEL. E-Gold is dematted electronic units of Gold. Or in other words, it is Gold in electronic form. No need to worry about theft or loss. The Gold you purchase will be kept in your demat account. One unit of e-Gold is equal to 1gm of physical Gold. For buying e-Gold you have to open an account with NSEL and after opening the account you can buy and sell the e-Gold units from the online trading platform run by NSEL. This trading platform is open from 10 am to 11.30pm. You can convert the e-Gold units into Gold jewelery and Gold coin if you want to. Expenses are very less for the E-Gold. This is the main advantage of e-Gold. It is comparatively economical mode of investment in Gold in India. More and more investors are choosing this mode to invest in Gold.
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