- By Aditya Pratap Singh
- Fri, 08 May 2026 01:53 PM (IST)
- Source:JND
What are Electronic Gold Receipts? Providing a new way to own pure gold for Indian investors, the National Stock Exchange (NSE) launched Electronic Gold Receipts (EGRs). The new investment product is designed to bring further transparency, efficiency and formalisation to a nation which is fond of investment in yellow metal.
Considered a safe haven investment, gold has always held a special place in Indian life, trusted for generations as a store of value, a wedding gift and a quiet safeguard against uncertainty. However, there are many complexities to owning physical gold, which include safe storage, purity and liquidity.
This new initiative by NSE takes a significant step towards solving these age-old issues by introducing EGR, a modern, regulated and fully digital method of owning gold in India.
According to the exchange, the move is designed to bridge the gap between physical gold and financial markets by offering a regulated, secure and technology-driven platform for trading the precious metal.
What Is An EGR?
An EGR is essentially a digital certificate of ownership of gold, representing a certain amount of real, physical gold deposited in vaults accredited by the Securities and Exchange Board of India and held electronically through depositories. This enables seamless trading within the formal financial system.
Owning an EGR means that the investor owns the gold, which sits safely in the vault, and the ownership is recorded in the investor’s demat account.
Also Read: Shiv Nadar, Sunil Mittal To Ravi Jaipuria; List Of Top 10 Richest Persons In Delhi
Other Details
Flexible Gold Ownership: Electronic Gold Receipts (EGRs) allow investors to own gold in denominations ranging from 1 kilogram down to 100 milligrams, making entry accessible for everyone.
Physical Redemption: Every EGR is 100% backed by physical metal stored in secure vaults. Investors can choose to trade their receipts or initiate a withdrawal to receive the actual gold.
Market Hours & Settlement: Trading on the NSE occurs weekdays from 9:00 am to 11:30 pm. Settlement follows a T+1 cycle, guaranteed by NSE Clearing Limited.