Sebi’s Stand on Digital Gold: No New Rules in the Works

Clarity on regulation and investor awareness  

On November 21, 2025, Sebi Chairman Tuhin Kanta Pandey stated that the regulator is not considering any fresh framework for digital gold. The clarification came during the National Conclave on REITs and InvITs, where Sebi emphasised that gold-related investments in India remain accessible through mutual fund-backed exchange-traded funds (ETFs) and tradable gold securities. Experts note that digital gold, sold via online platforms, is essentially a physical gold purchase and falls outside Sebi’s jurisdiction. The regulator has also cautioned investors about risks associated with unregulated products, while industry bodies like the India Bullion & Jewellers Association have urged for oversight to restore consumer confidence.  

 

Notable updates  

* Sebi confirms no new regulations are being drafted for digital gold  

* Digital gold is not a regulated security but an online physical gold purchase  

* Investors advised to use gold ETFs and tradable securities for safer exposure  

* Industry associations push for regulatory supervision to boost trust  

* Clarification aims to improve consumer awareness and reduce risk exposure  

 

Sebi’s clarification underscores the importance of distinguishing regulated gold investment avenues from unregulated digital offerings, ensuring investor protection while maintaining transparency in India’s financial markets.  

 

Sources: Livemint, Mathrubhumi, Sebi Press Release