India Launches Electronic Gold Receipts

In May 2026, India introduced Electronic Gold Receipts (EGRs), a new way to buy and sell gold electronically.

EGRs are like digital certificates that represent ownership of physical gold stored in secure vaults.

You can trade them on the stock exchange, just like shares.

This makes it easier and safer to invest in gold without worrying about storing it physically.

EGRs come in different sizes, from very small amounts to larger quantities, so anyone can invest.

They are backed by gold of specific purity levels, ensuring you get what you pay for.

You can even convert EGRs back into physical gold if you want.

The idea is to make the gold market more transparent and efficient.