in5points
FinanceAsianet Newsable

NSE partners with Augmont to boost Electronic Gold Receipts ecosystem

in5points
  1. The National Stock Exchange of India (NSE) partnered with Augmont Enterprises to bolster the Electronic Gold Receipts (EGR) ecosystem.

  2. The collaboration aims to enhance liquidity, price discovery, and adoption of EGRs among investors, jewellers, and market participants.

  3. The partnership seeks to unlock India's inactive private gold reserves.