What are Electronic Gold Receipts? How are they traded, sold on bourses?
Electronic Gold Receipts: Under this form of gold, the trading exchange holds the underlying value of the receipt in physical gold in a vault. That means investors buy the gold in dematerialised form, and are given gold receipts instead of physical gold.
Exchange Board Of India Sebi National Stock Exchange Exchange Board Gold Receipts Gold Receipt Electronic Gold Receipts
Source: businesstoday.in