Blog · 20 Jul 2026
Electronic Gold Receipts explained
In today’s Finshots, we talk about EGRs (Electronic Gold Receipts).
In today’s Finshots, we talk about EGRs (Electronic Gold Receipts).
Yup, that’s it.The StoryNSE just launched Electronic Gold Receipts (EGRs). You could think of them as “demat gold”. Much like shares sitting in your demat account, EGRs are digital certificates that represent physical gold stored in SEBI-accredited vaults. And since they exist electronically, you can buy and sell them on the stock exchange just like stocks.But EGRs aren’t exactly new.Sure, NSE launched its EGR segment on May 4th, 2026.
But BSE had already introduced India’s first EGRs during Muhurat trading in 2022, after SEBI approved the framework for spot gold trading and the creation of a gold exchange.The problem, though, is that EGRs still haven’t really taken off. For context, Gold ETFs saw their Assets Under Management (AUM) jump a whopping 2,600% over the last decade to ₹1.7 lakh crore by March 2026. EGRs, on the other hand, don’t even have enough transaction volume data to make meaningful comparisons.