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NSE's Electronic Gold Receipts Segment Records Rs 26.46 Crore Turnover On Dhanteras
Sentiment: NeutralHigh Priority
What Happened?
On Dhanteras, NSE's Electronic Gold Receipts (EGRs) saw a trading volume of 1,81,763 units, totaling approximately Rs 26.46 crore. This reflects growing interest in regulated digital gold investments.
Key points
- EGRs recorded a trading volume of 1,81,763 units on Dhanteras.
- The total transaction value reached approximately Rs 26.46 crore.
- EGRs allow investors to buy, hold, and sell gold electronically.
- The NSE launched EGRs on May 4, 2026, with trading starting on May 18.
- The contract opened at Rs 1,460 per unit and closed at Rs 1,456.
Key insights
- The increase in EGR trading may encourage more investors to explore digital gold options.
- The timing of the trading surge coincides with traditional gold purchasing during Dhanteras.
- EGRs provide a regulated alternative to physical gold purchases.
Why it matters
The surge in EGR trading highlights a shift towards regulated digital gold investments among Indian investors.
Source
Times Now
