India's NSE pushes gold-backed EGRs on Dhanteras, sees potential to cut imports

Khaleej Times · ANI · 2026-11-06 14:45 UTC

The National Stock Exchange has urged investors to purchase Electronic Gold Receipts instead of physical gold this Dhanteras, adding India could avoid gold imports worth USD 5–6 billion annually

The stock exchange noted that every EGR traded on the exchange is backed entirely by physical gold recycled and refined in India

- PUBLISHED: Fri 6 Nov 2026, 6:45 PM

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