From The Tribune
Center Owned by The Tribune TrustAugmont-NSE Partnership Drives Strong Start for India’s Gold EGR Market, with Over 1,60,357 Units Traded in First Few Hours
What's behind this
On Dhanteras, NSE electronic gold receipts (EGR) trading reached a record 2.27 lakh units, underscoring growing investor interest in exchange‑traded gold and the push to channel domestic physical and recycled gold into the formal financial system. The launch, supported by an Augmont‑NSE partnership, saw active two‑way trading in the first few hours with 1,60,357 units exchanged, equivalent to about 6 kg of gold and a value of Rs 23.34 crore by 04:25 PM. Earlier reports also noted the record volumes on the same day.
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center · 1 outlet
Electronic Gold Receipts segment witnesses active two-way trading on day one, with 1,60,357 units traded, representing approximately 6 kg of gold and a traded value of Rs 23.34 crore as of 04:25 PM. Mumbai, Maharashtra, India – Business Wire India India’s gold market took an important step towards…
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right · 1 outlet
The record trading milestone highlights growing investor interest in exchange-traded gold and efforts to bring domestic physical and recycled supplies into the formal financial system
RSS excerpt
Electronic Gold Receipts segment witnesses active two-way trading on day one, with 1,60,357 units traded, representing approximately 6 kg of gold and a traded value of Rs 23.34 crore as of 04:25 PM. Mumbai, Maharashtra, India – Business Wire India India’s gold market took an important step towards…
