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Gold guide
Exchange-traded receipts for gold sitting in a SEBI-registered vault — price discovery like a share, with the option to take physical delivery.
Mechanics
Physical gold is deposited with a SEBI-registered vault manager and assayed to standardised purity (999 or 995 fine).
A depository issues the Electronic Gold Receipt against the vaulted gold; it sits in your demat account like a share.
Receipts trade on the exchange with public price discovery, in listed denominations from 10 mg to 1 kg.
Sell on the exchange, or convert back to physical gold (or extinguish the receipt) through the vault manager's prescribed process, timelines and charges.
Contracts
| Denomination | Purity |
|---|---|
| 10 mg | 999 / 995 |
| 1 g | 999 / 995 |
| 10 g | 999 / 995 |
| 100 g | 999 / 995 |
| 1 kg | 999 / 995 |
Costs & risks
Framework: SEBI Gold Exchange framework, with SEBI-registered vault managers, depositories and clearing corporations. Liquidity: Exchange-traded with public price discovery; trading interest varies by contract and denomination.
FAQs
An EGR is an exchange-traded security that represents a defined quantity of standardised gold held with a SEBI-registered vault manager. It sits in a demat account like a share, trades on the exchange with public price discovery, and can be converted to physical gold through the prescribed process. Exchange-listed denominations run from 10 mg to 1 kg in 999 and 995 purity.
There is no single answer, and we do not rank gold products. Most gold instruments track the same metal price, so returns differ mainly by the costs you pay to hold them: expense ratios, making charges, storage, spreads and taxes. Use the comparison to filter by what you actually need and the calculators to price the costs, then decide.
Framework facts reviewed 2026-09-20; denominations per NSE — About Electronic Gold Receipts (EGR). See our methodology.