{"id":101891,"date":"2026-05-05T16:02:37","date_gmt":"2026-05-05T10:32:37","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=101891"},"modified":"2026-05-05T16:02:37","modified_gmt":"2026-05-05T10:32:37","slug":"electronic-gold-receipts","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/electronic-gold-receipts\/","title":{"rendered":"Electronic Gold Receipts"},"content":{"rendered":"<h2><b>Electronic Gold Receipts Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the National Stock Exchange of India (NSE) launched Electronic Gold Receipts (EGRs) as a new trading segment.<\/span><\/p>\n<h2><b>About Electronic Gold Receipts<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EGRs are <\/span><b>dematerialised securities<\/b><span style=\"font-weight: 400;\"> that represent ownership of physical gold.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The underlying <\/span><b>gold is stored in SEBI-regulated vaults,<\/b><span style=\"font-weight: 400;\"> and investors hold the receipts in their demat accounts \u2014 similar to shares or ETFs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Vault Manager is a <\/span><b>new entity registered by SEBI<\/b><span style=\"font-weight: 400;\"> for providing vaulting services for gold deposited for the purpose of creation of EGR.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Each EGR is <\/span><b>backed by actual gold,<\/b><span style=\"font-weight: 400;\"> ensuring authenticity and standardisation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is operated <\/span><b>under SEBI guidelines.<\/b><\/li>\n<\/ul>\n<h2><b>Working of Electronic Gold Receipts<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The process starts with depositing <\/span><b>physical gold<\/b><span style=\"font-weight: 400;\"> at accredited vaults, which is then <\/span><b>converted into EGR units.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">These units are <\/span><b>credited to a demat account<\/b><span style=\"font-weight: 400;\"> and can be traded on the exchange.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investors can also <\/span><b>convert EGRs back into physical gold,<\/b><span style=\"font-weight: 400;\"> offering flexibility between digital and physical ownership.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Participated By:<\/b><span style=\"font-weight: 400;\"> The EGR ecosystem is designed for a wide set of participants, including <\/span><b>jewellers, refiners, traders, and retail and institutional investors.<\/b><\/li>\n<\/ul>\n<p><strong>Source: <a href=\"https:\/\/www.business-standard.com\/markets\/capital-market-news\/nse-launches-electronic-gold-receipts-to-formalise-gold-trading-ecosystem-126050401172_1.html\" target=\"_blank\" rel=\"nofollow noopener\">BS<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electronic Gold Receipts are digital securities backed by physical gold stored in SEBI vaults. Know how EGRs work, trading process, benefits, and role in gold investment.<\/p>\n","protected":false},"author":24,"featured_media":101906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[7354,21,23],"class_list":{"0":"post-101891","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-electronic-gold-receipts","9":"tag-prelims-pointers","10":"tag-upsc-prelims-current-affairs","11":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/101891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=101891"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/101891\/revisions"}],"predecessor-version":[{"id":101965,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/101891\/revisions\/101965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/101906"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=101891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=101891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=101891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}