SEBI Invites Public Comments on Proposed Regulatory Framework for Gold Exchange in India

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p style=”text-align: left”>This will pave way for electronic trading of gold on stock exchange platform as a security just like equity shares. The physical gold will be deposited with an agency called vault manager (sebi regulated entity) who will in turn issue electronic gold receipt (EGR) in demat form with ISIN which will be listed and traded on stock exchanges.

The consultation paper can be downloaded by Clicking Here