NSE Introduces EGRs to Modernise Gold Trading in India
The National Stock Exchange of India (NSE) has launched a new system called Electronic Gold Receipts (EGRs) on May 4, 2026.
This is expected to reduce the old gap between physical gold and financial markets by creating a safe, regulated, and modern digital system for trading gold.
How the New System Works
Each Electronic Gold Receipt (EGR) is supported by real gold, so it is not just a paper or digital promise. The actual gold is kept safely in approved and regulated vaults.
When someone buys an EGR, their ownership is recorded in electronic form through depositories.
NSE stated “With this launch, NSE aims to create a robust and transparent ecosystem for gold trading, enabling efficient price discovery, improved market participation, and enhanced trust across stakeholders, including jewellers, refiners, traders, and institutional investors.”
What do you understand by EGRs?
EGRs are digital certificates that show you own real gold. The actual gold is safely stored in SEBI-approved vaults, so you don’t need to keep it at home or in a locker. Instead, you can hold and manage it in electronic form.
