Economic TimesLean R·
NSE partners with Augmont to deepen electronic gold market, reduce reliance on imports
The National Stock Exchange (NSE) has partnered with Augmont Enterprises to boost the adoption of Electronic Gold Receipts (EGRs), aiming to build a deeper and more liquid spot gold market in India. The collaboration seeks to formalise the country's vast household gold holdings by enabling investors to trade, lend and redeem physical gold through a regulated exchange framework, while improving liquidity, price discovery and market efficiency.
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