NSE Launches Electronic Gold Receipts for Modern Gold Trading
From vault to demat: NSE rolls out Electronic Gold Receipts (EGRs) trading
Image: Business Standard
The National Stock Exchange of India (NSE) has launched live trading of Electronic Gold Receipts (EGRs) starting May 18, 2026. This initiative aims to enhance transparency and security in gold trading, allowing investors to trade gold electronically without the concerns of physical storage and purity.
- 01Trading hours for EGRs are set from 9:00 AM to 11:30 PM, extending to 11:55 PM during US daylight saving time.
- 02The settlement mechanism for EGRs follows a T+1 cycle, ensuring quick transaction completion.
- 03Currently, vaulting and collection centres are operational in Ahmedabad and Mumbai, with plans to expand to 120 centres nationwide.
- 04EGRs represent ownership of physical gold stored in Sebi-regulated vaults, allowing for secure electronic trading.
- 05Investors can trade EGRs in defined denominations and purity, with the option to convert to physical gold.
Advertisement
In-Article Ad
The National Stock Exchange of India (NSE) has officially launched trading in Electronic Gold Receipts (EGRs) as of May 18, 2026. This new trading segment is designed to enhance transparency, security, and accessibility for investors, addressing long-standing issues related to the purity and storage of physical gold. Trading hours are set from 9:00 AM to 11:30 PM, extending to 11:55 PM during US daylight saving time, with a T+1 settlement cycle. The NSE has initiated operations with vaulting and collection centres in Ahmedabad and Mumbai, and plans to expand this network to 120 centres across India over time. EGRs are dematerialised instruments that represent ownership of physical gold held in regulated vaults, allowing for easy electronic trading without the need for physical delivery. This innovation aims to provide investors with a unified pricing system, improved liquidity, and the ability to trade in various denominations, making gold investments more accessible and secure.
Advertisement
In-Article Ad
The introduction of EGRs allows investors to trade gold more conveniently and securely, potentially increasing participation in gold markets.
Advertisement
In-Article Ad
Reader Poll
Do you think Electronic Gold Receipts will make gold investment more accessible?
Connecting to poll...
More about National Stock Exchange of India
Read the original article
Visit the source for the complete story.