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NSE partners with Augmont to deepen electronic gold market, reduce reliance on imports
The National Stock Exchange (NSE) has partnered with Augmont Enterprises to boost the adoption of Electronic Gold Receipts (EGRs), aiming to build a deeper and more liquid spot gold market in India. The collaboration seeks to formalise the country's vast household gold holdings by enabling investors to trade, lend and redeem physical gold through a regulated exchange framework, while improving liquidity, price discovery and market efficiency.
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economictimes.indiatimes.com
India's idle gold can transform economy: IBJA Chief backs Shanghai-inspired EGR model
India holds an estimated 30,000-35,000 tonnes of privately owned gold, much of it lying idle, according to IBJA National President Prithviraj Kothari. Speaking at the NSE-Augmont…
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NSE partners with Augmont to deepen electronic gold market, reduce reliance on imports
The National Stock Exchange (NSE) has partnered with Augmont Enterprises to boost the adoption of Electronic Gold Receipts (EGRs), aiming to build a deeper and more liquid spot…
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thehindubusinessline.com
Augmont Enterprises, NSE tie-up to boost electronic gold receipts adoption
Augmont Enterprises partners with NSE to enhance Electronic Gold Receipts adoption, pending GST resolution for upcoming listings.