New Delhi, Nov. 28 -- Digital Gold, described by PhonePe CEO and co-founder Sameer Nigam as "physical gold sold digitally", is rapidly emerging as a preferred savings instrument for millions of Indians.

In a post on X, Nigam emphasised that Digital Gold is not a cryptocurrency or speculative token but actual, high-purity physical gold stored securely in bank-grade vaults and redeemable on demand.

Unlike traditional online jewellery purchases from brands such as Tanishq or CaratLane, where gold is shipped to the buyer immediately, Digital Gold purchased from platforms like MMTC-PAMP or SafeGold is held in secure vaults until customers request delivery.

"Every purchase comes with a formal tax invoice and a gold ownership certificate, mir...