Gold is considered a safe haven because it is seen as a hedge against inflation that investors turn to during periods of uncertainty. What’s more, gold retains value due to its scarcity as a finite resource, which contributes to its ability to maintain and grow its value over time with little volatility. For these reasons, gold is often perceived as a stable, low-risk investment and for diversification purposes.

As we embrace the digital age, investing in gold has also evolved with the introduction of “digital gold” as a modern alternative. Despite its name, it still involves investing in real, physical gold – the key difference is that investments are done digitally with the platform backing all investments with real gold that investors may withdraw if they wish to do so. Over time, digital gold investing has grown popular due to its security, convenience, and accessibility. The myth that digital gold investment is not safe is further quelled by the fact that you can even open a gold investment account with banks, such as Maybank Islamic through the Maybank Islamic Gold Account-i.

Reasons To Invest In Digital Gold

1. Accessible for all
Unlike physical gold, which often requires a substantial initial investment, digital gold is more accessible, with minimal funds required to start. For instance, with MIGA-i, you can kickstart your digital gold investment with as little as RM10, purchasing small fractions of gold. This affordability and flexibility make it an attractive option to a wider range of investors, especially for those who are just starting out.

2. Advantages over gold jewellery
Investing in gold jewellery involves higher costs due to craftsmanship fees and sometimes the jewellery may have lower gold purity. In contrast, digital gold investments are backed by physical gold of the highest purity level, with no additional costs for design or manufacturing. Hence, our money is truly invested in what matters most: more gold, rather than the additional costs associated with gold jewellery.

3. No costs associated with security
One of the significant advantages of digital gold is that it’s backed by physical gold securely stored by the investment platform and is regulated by authorities to protect investors. This setup eliminates the security concerns associated with possessing physical gold, such as theft or loss, and removes the need for investors to spend more money on personal safes or other secure storage solutions.

Why Invest In Digital Gold Through MIGA-i?

If you’re thinking about investing in digital gold, consider Maybank Islamic Gold Account-i (MIGA-i), a Shariah-compliant gold investment account that allows customers to buy, sell, and transfer gold. Most importantly, MIGA-i is regulated by Bank Negara Malaysia (BNM) and is available to individuals aged 18 years and above. What’s more – it can be a joint account shared by up to four people, or set up as a Trust Account (a joint account with a guardian for those below 18 years old).

1. Accredited purity
MIGA-i assures investors of the highest standard of gold, backed by 999.9 purity accredited by the London Bullion Market Association (LBMA). This means that the gold being traded through MIGA-i meets global criteria and standards.

2. Competitive pricing
MIGA-i not only offers low entry costs, allowing investors to start investing with as little as RM10, but it also maintains a low price spread. This competitive pricing structure, combined with access to real-time market prices for buying and selling gold, ensures efficient and cost-effective trading.

3. Flexibility in conversion to physical gold
Investing in digital gold doesn’t necessarily mean you don’t get to own physical gold. MIGA-i account holders have the flexibility to convert their digital gold balance into physical gold bars, available in various denominations such as 1g, 5g, 10g, 50g, 100g, or even 1kg.

4. Convenience and efficiency
If you’re concerned about needing to constantly monitor your gold investments, then don’t worry, because MIGA-i actively notifies its investors when a minimum of 10% profit is achieved. At the same time, it allows you to set future orders to automatically buy and sell at your preferred price, ensuring you can manage your gold investments efficiently without constant monitoring.

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Investing in digital gold through MIGA-i combines traditional value with modern convenience. With the ability to invest as little as RM10, investing in gold is now accessible for everyone, even beginners looking to start investing in gold. 

All you need to do is log in to your Maybank account via Maybank2u web, select ‘Apply’, and click ‘Maybank Islamic Gold Account-i (MIGA-i)’ to open your MIGA-i account, and activate it with an initial investment of RM10. 

Interested to find out more about the MIGA-i? Click here. 

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• Maybank
• Maybank Islamic Gold Account (MIGA-i)
• MIGA-i