What are Electronic Gold Receipts (EGR)?

Electronic Gold Receipts (EGRs) are digital assets representing gold ownership, tradable on exchanges like stocks and bonds, backed by physical gold that can be redeemed anytime. Electronic Gold Receipts (EGRs) have been available for trading on the BSE since 2022. As of 4 May 2026, the NSE has also launched trading in the EGR segment.

What are the benefits of Electronic Gold Receipts (EGRs)?

Unified pricing: one nation, one price
Easily tradable on exchange
More convenient than physical gold
Provides liquidity and assured gold quality
Fungibility of the gold delivery
Settlement guarantee for investors
Helps diversify investment portfolio
Held in demat account like stocks
Flexible trading in various gold denominations

Products Available:

EGR—999 Purity	EGR—995 Purity
GLD1KG99	GLD1KG95
GOLD100G99	GOLD100G95
GOLD10G99	GOLD10G95
GOLD1G99	GOLD1G95
GLD100MG99	GLD100MG95

How do EGRs work?

EGRs are issued in exchange for physical gold, which must be deposited with a vault manager. These receipts are then traded on the stock exchange and held in the demat account of investors. EGRs are similar to warehouse receipts used to trade in commodities, and vault managers perform the function of a depository participant.

The segment will hence offer the facility to convert gold to EGRs, trade in EGRs, and convert EGRs back to gold. Trades are settled on a T+1 basis and are traded on BSE from 9:00 a.m. to 9:30 p.m. and on NSE from Monday to Friday, 9:00 am to 11:30 pm / 11:55 pm (based on the US daylight saving time period).

How to Buy EGRs?

You can buy EGRs on the NSE EGR segment using your trading and demat account, just like purchasing stocks. Before settling the trade, the exchange verifies that the corresponding physical gold is available with the vault manager. Once the trade is settled, the EGRs are credited to your demat account.

Converting EGRs to Physical Gold

You can convert your EGRs into physical gold at any time by submitting a withdrawal request through your depository. Key details to note:

The withdrawal request is valid for 3 days
The depository forwards the request to the vault manager
Gold delivery is arranged by the vault manager
Withdrawal of EGR gold is permitted only between 10:00 AM and 3:00 PM
Requests are processed on the same working day
Once the gold is delivered, the corresponding EGRs are extinguished

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