Bhubaneswar (Odisha Tazanews) :- The National Stock Exchange of India Limited (NSE) has launched Electronic Gold Receipts (EGRs) as a new trading segment marking an important step towards making India’s gold market more transparent, efficient, and organised. With this launch, NSE aims to bridge the long-standing gap between physical gold and financial markets by offering a secure, regulated, and technology-driven platform for trading gold.
Shri Sriram Krishnan, Chief Business Development Officer (CBDO), NSE, said:“The introduction of Electronic Gold Receipts at NSE marks a pivotal evolution in how India interacts with its most cherished asset. By leveraging NSE’s robust technology and liquidity framework, we are democratizing access to gold, enabling investors across the nation to trade with unprecedented transparency and confidence.
We believe that by creating a seamless, secure, and digital pathway for gold investment, we are positioning gold as a modern, integrated asset class within our capital markets, ultimately reducing dependence on fragmented benchmarks and fostering deeper financial inclusion.” Electronic Gold Receipts (EGRs) are digital certificates that represent ownership of physical gold.
The actual gold is safely stored in SEBI-accredited vaults, while investors can hold and trade it electronically through their demat accounts. Each EGR is fully backed by real gold, ensuring trust and authenticity. With this move, NSE aims to build a transparent and efficient gold trading ecosystem, enabling better price discovery, wider participation, and increased confidence among stakeholders such as jewellers, refiners, traders, and institutional investors.
In a key milestone, NSE also successfully converted a 1000-gram gold bar into an Electronic Gold Receipt, demonstrating how physical gold can be seamlessly transformed into a secure, tradable digital asset. This highlights the operational readiness of the EGR framework and its ability to support efficient, delivery-backed gold trading.
By enabling electronic holding, assured quality, and easy conversion between physical and digital gold, EGRs make it possible for investors to participate in the gold market—even in smaller quantities.This brings greater flexibility and liquidity, similar to other financial instruments held in demat form. The National Stock Exchange of India Limited, established in 1994, is India’s largest stock exchange by turnover and the world’s largest derivatives exchange by trading volume (FIA 2025).
