New Delhi, May 17 -- India is one of the world's biggest gold importers. Indians buy gold for consumption and investment. Gold can be bought in various forms, including jewellery, bullion, ETFs, gold MFs, and digital gold. On 4 May 2026, the National Stock Exchange launched Electronic Gold Receipts (EGRs), another way to buy gold. In this article, we will understand what EGRs are, how they can be bought and sold, and whether one should buy them.

An Electronic Gold Receipt is a digital asset that represents ownership of gold. It is just like any other digital asset that represents ownership of an underlying asset. For example, when you own shares of a particular company, they reflect in your demat account. Similarly, when you own EGR unit...