NSE Launches Electronic Gold Receipts (EGRs)

On 4th May 2026, the National Stock Exchange of India launched Electronic Gold Receipts (EGRs) to promote greater transparency, efficiency and formalisation in India’s gold market.

EGRs are dematerialised securities representing ownership of physical gold stored in SEBI-accredited vaults and held electronically through depositories.
Each EGR is fully backed by physical gold and can be traded on the exchange, integrating gold into the formal financial system.
The initiative aims to create a regulated and secure platform for gold trading, improving price discovery, market participation and investor confidence.
The system is expected to benefit stakeholders, including jewellers, refiners, traders and institutional investors.
As part of the launch, NSE successfully demonstrated the dematerialisation of a 1000-gram gold bar into an Electronic Gold Receipt.
The demonstration showcased the conversion of physical gold into a secure and tradable digital instrument within a regulated framework.
The exchange stated that EGRs will enable investors to hold gold electronically with assured quality and allow seamless conversion between physical and digital formats.
EGRs also allow participation in smaller quantities, improving liquidity and flexibility similar to other financial instruments held in demat form.