About Electronic Gold Receipts
Gold has always held a unique place in India—valued for tradition and gifting and trusted as a long-term store of value during uncertain times. As investors increasingly seek transparent pricing, safe holding, and the ability to start small, Electronic Gold Receipts (EGRs) bring a timely, modern way to participate in gold. EGRs are exchange-traded securities linked to standardised gold, enabling market-based price discovery, electronic holding, and the flexibility to buy and sell in defined denominations and purity, with the option to convert to/from physical gold as per the prescribed process. With this blend of standardisation, accessibility, and a regulated ecosystem, EGRs are positioned to become a key channel for gold participation in the years ahead.
Electronic Gold Receipts (EGRs) are digital assets representing gold ownership, tradable on exchanges like stocks and bonds, backed by physical gold that can be redeemed anytime.
Benefits of Electronic Gold Receipts (EGRs)
- Unified pricing: one nation, one price
- Easily tradable on exchange
- More convenient than physical gold
- Provides liquidity and assured gold quality
- Fungibility of the gold delivery
- Settlement guarantee for investors
- Helps diversify investment portfolio
- Held in demat account like stocks
- Flexible trading in various gold denominations
Salient Features of Electronic Gold Receipts (EGRs)
|
Regulator |
Securities Exchange Board of India (SEBI) |
|---|---|
|
Segment |
EGR Segment on NSE |
|
Eco System |
SEBI | Exchanges | Clearing Corporations | Depositories | Vault Managers |
|
Asset Class |
Securities under the SCRA 1956 |
|
NSE |
Provides Trading Platform for EGR |
|
NCL |
Settle the trades executed on NSE, by way of transferring EGR/s and cash to the buyer and seller of EGR/s, respectively. |
|
Depositories |
Maintains EGR in demat, enables trade settlement transfers, and coordinates withdrawal/extinguishment so demat EGRs always match vault gold holdings. |
|
Vault Managers |
Facilitate Deposit, Withdrawal and Storage of Gold |
|
Market Timings |
Monday - Friday 9:00 am to 11:30pm / 11:55 pm* * based on US daylight saving time period |
|
Margin |
VaR + ELM + MTM |
|
Settlement |
T+1 |
|
Market Participants |
Retail Investor, Jewellers, Bullion Traders, Refineries, etc |
Product Offerings
EGR - 999 Purity
- GLD1KG99
- GOLD100G99
- GOLD10G99
- GOLD1G99
- GLD100MG99
EGR - 995 Purity
- GLD1KG95
- GOLD100G95
- GOLD10G95
- GOLD1G95
- GLD100MG95
Updated on: 02/05/2026
GIGW Compliant