Heera Group Enters In The Market Of Digital Gold

Nowhera Shaik founded her business to aid her in her charitable endeavours. Individuals generally start businesses and then donate to social and charitable organisations after they are profitable. Serving the poor, particularly in the areas of education and health, promoting scholastic and Islamic education among women, improving the quality of life of downtrodden Muslims, promoting and enhancing trade in an Islamic manner, and establishing business enterprises that can be used to carry out social activities and support charity work are just a few of her goals.

Heera Group Enters In The Market Of Digital Gold

Nowhera Shaik, CEO of the Heera Group, hailed the Supreme Court's decision allowing her to conduct business, claiming that despite several plots by vested interests to damage her firm and name, she was able to recover with the support of investors.

The firm is awaiting the digital data center from the Central Crime Station (CCS) police, according to Nowhera Shaik. After her office receives it, she will begin disbursing the monies to the investors.

Heera Digital Gold is a modern approach to purchasing gold through the internet. For people looking to acquire gold, it is a more convenient and cost-effective option. Digital Gold is 24k gold stored in a locker in your name by one of India's three gold banks for every gram of gold you buy from Heera. With a single click of a button on the app, investors may purchase, sell, or request physical gold to be delivered to their homes. Furthermore, there is no minimum purchase needed for Heera digital gold.

Simply said, using a digital gold trading enabled firm, one can buy or sell gold directly over the internet in liquid form rather than in physical form. The investor can even demand physical gold in exchange for digital gold purchased online. Assume you've invested Rs. 200 in digital gold.

Heera Digital Gold has a number of advantages.

  • Heera Digital gold would be simple to track and accessible at all hours of the day.
  • It would have a high level of liquidity and be able to be purchased and traded at market rates at any time of day.
  • Due to nationwide lockdowns and the closure of jewelry stores, Digital Gold's business grew by 40-50 percent during the shutdown period. This demonstrates that a growing number of consumers are opting for digital gold. Gold is an inflation hedge that can also be used as collateral for loans.
  • For the past 92 years, gold prices have been rising.