NSE ties up with Augmont to build India's Electronic Gold Receipts ecosystem
NSE partners gold platform Augmont to develop the Electronic Gold Receipts ecosystem, enabling dematerialised gold trading, physical delivery and lending to jewellers. Targets India's 30,000-35,000 tonne household gold stock and $71.98bn FY26 imports, opening regulated sourcing and liquidity for jewellery retailers.
NSE partners gold platform Augmont to develop Electronic Gold Receipts ecosystem, enabling dematerialised gold trading, physical delivery and lending to jewellers. Relevant to jewellery retailers and gold value-chain participants seeking regulated sourcing and liquidity.
Why this matters
Augmont extends beyond retail moves like its Chennai AI gold-purity machine and recycling push, where old gold hit 40-50% of demand, into building institutional EGR infrastructure with NSE.
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