The National Stock Exchange (NSE) on June 19, 2026, notified regarding the Launch of Products under the Electronic Gold Receipts (EGR) Segment.
The following has been stated:
• The NSE has announced the introduction of two new Electronic Gold Receipt (EGR) products—GOLD1KG99 (999 purity) and GOLD1KG95 (995 purity)—with effect from June 22, 2026. Each EGR unit represents 1 kilogram of gold, with deposit and withdrawal permitted in multiples of 1 kg. The products will be traded from Monday to Friday, with trading hours from 9:00 AM to 11:30 PM/11:55 PM depending on U.S. daylight saving time.
• The contracts will be quoted in rupees per kilogram, with a tick size of ₹10 and a maximum order size of 100 kilograms. An initial daily price band of 10% of the previous closing price will apply, with provision for relaxation in increments of 5% during significant market movements. Margin requirements will include VaR Margin, Extreme Loss Margin, Intraday Crystallised MTM Margin, and Mark-to-Market Margin.
• Settlement will occur on a T+1 basis, and all trades will be subject to compulsory delivery in dematerialized form. The underlying gold must conform to LBMA Good Delivery Standards or other standards approved by NSE and SEBI, with purity specifications of 999 and 995, respectively.
[Notification no. - NSE/EGR/74803]
