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NSE, Augmont partner to expand Electronic Gold Receipts ecosystem
NSE has partnered with Augmont Enterprises to expand the Electronic Gold Receipts (EGR) ecosystem, aiming to unlock India's vast household gold holdings. The initiative seeks to improve liquidity, enable exchange-traded ownership of physical gold, reduce import dependence and create a transparent, SEBI-regulated marketplace for the precious metal.
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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
