According to NSE data, the EGR contract recorded a total trading volume of 1,81,763 units on Friday. (Image Source: AI-Generated)
\n\nElectronic Gold Receipts (EGRs) saw a notable surge in trading activity on the National Stock Exchange (NSE) on Dhanteras, with transaction volumes crossing the 1-lakh-unit mark in a single session. The newly launched investment instrument recorded a total trading volume of 1,81,763 units on Friday, indicating growing engagement with exchange-based gold investments.
\n\nNSE data revealed that the total value of transactions involving EGRs reached approximately Rs 26.46 crore. The achievement represents an important development for the exchange's relatively new gold-trading segment, which aims to provide investors with another regulated avenue to participate in the gold market.
\n\nThe timing of the milestone is particularly noteworthy, as Dhanteras traditionally sees heightened interest in gold purchases among Indian households and investors.
\n\nElectronic Gold Receipts are dematerialised securities that represent ownership of physical gold deposited and maintained in SEBI-accredited vaults. They allow investors to buy, hold and sell gold electronically rather than purchasing and storing the precious metal themselves.
\n\nThe NSE introduced the EGR product on May 4, 2026, with trading operations becoming active on May 18. Through this initiative, the exchange aims to…
Original source: https://www.timesnownews.com/business-economy