The Economic Times

Digital gold players ramp up audits, vault checks to boost transparency amid regulatory scrutiny

Digital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 million customers. Industry bodies like DPMACI and IBJA are establishing standards for physical gold backing and regular inspections. Despite a recent import duty hike, digital gold transactions remain robust on UPI, indicating sustained investor interest in this accessible investment avenue.