BSE readies to launch Electronic Gold Receipts to enable spot gold trade

Bombay Stock Exchange (BSE) is seeking regulatory approval to launch Electronic Gold Receipts (EGR) on it’s platform. Key points to note – EGR is consequent to announcement regarding spot gold exchange in this year’s budget. EGR would enable spot investing/ trading in gold that is allowed in many other countries. In India, presently one can … Read more