Social Sciences, asked by uday2214, 1 year ago

पेपर गोल्ड क्या है। what is paper gold

Answers

Answered by rupkathaisonline
0

The term paper gold means you have a piece of paper acting as a substitute for the physical gold. With paper gold, you don't own the gold; you own a promise to receive physical gold.

Hope it helps :)

Answered by Arslankincsem
0

The term paper gold means you own a piece of pape, which is acting as the substitute for the physical gold as well as the wealth or asset.

With paper gold, you don't possess the gold; you own a potential to obtain physical gold.

In plain English, it deciphers that you are a creditor of the corporation dispensing the paper gold certificate, thus may incur loss due to counterparty risks.

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