New Delhi, May 18 -- Investing in gold just received a digital makeover, with the launch of the Electronic Gold Receipts (EGR) segment by the National Stock Exchange (NSE) effective Monday, 18 May. The exchange said that the launch follows a comprehensive mock trading exercise conducted on Saturday, 16 May, which received an overwhelming response from market participants.

NSE had earlier this month announced the launch of EGRs that offer a transparent and digitised way of trading gold.

Trading EGRs is akin to trading a digital version of gold, which is backed by the physical gold deposited with a Sebi-accredited vault manager. These are dematerialised securities and are tradable on the exchange like a stock, thus seamlessly integrating ...