of gold receipts traded on 25 September, against ₹568.67 crore in gold ETFs
NSE brings in Augmont to wake up its gold receipts
Augmont's share price hit an upper circuit of 10% today.
NSE has brought in Augmont Gold Tech to promote Electronic Gold Receipts, or EGRs. These let you own physical gold in a vault through your demat account and trade it like a share.
The problem is that hardly anyone is trading them. EGRs started trading on NSE on 4 May. On 25 September, just ₹1.88 crore worth was traded, across 42 trades. That was only 1.2 kg of gold.
For comparison, 26 gold ETFs traded ₹568.67 crore that day, about 300 times more. Even 40 Sovereign Gold Bonds traded ₹16.86 crore.
NSE is already waiving transaction fees on EGR trades until 3 November to encourage trading. Augmont needs the volume too. Its revenue rose 30% to ₹18,946 crore in the June quarter, but profit fell 15% to ₹60.86 crore. That is just 32 paise of profit for every ₹100 of revenue.
Gold receipts were 0.3% of gold trading on NSE
Value traded on NSE on 25 September, by gold product. Electronic gold receipts traded ₹1.88 crore, against ₹568.67 crore in gold ETFs.
₹ CRORE TRADED ON NSE, 25 SEPTEMBER 2026
- Electronic gold receipts1.88 0.32%
- Sovereign gold bonds16.86 2.9%
- Gold ETFs568.67 96.8%
42 trades in one receipt, 10 grams of 999 gold: 1.2 kg in all
Gold ETFs are the 26 gold exchange traded funds listed on NSE. NSE charges no fee on gold receipt trades until 3 November 2026.
NSE bhavcopies for the EGR and cash market segments · 25 Sep 2026
Sources
- NSE press release, 26 September 2026: NSE empanels Augmont as key partner for promotion of Electronic Gold Receipts (EGR)
- NSE quote for Augmont Enterprises, 28 September 2026: previous close ₹877.90, last traded ₹965.65, price band ₹790.15 to ₹965.65 (10%)
- NSE circular NSE/EGR/73891, 24 April 2026: Launch of Electronic Gold Receipts (EGR) segment
- NSE, Electronic Gold Receipts bhavcopy, 25 September 2026
- NSE, cash market bhavcopy, 25 September 2026
- NSE circular NSE/FA/75523, 31 July 2026: Transaction charges for Electronic Gold Receipts
- Augmont Enterprises, unaudited consolidated results for the quarter ended 30 June 2026, filed with NSE 21 September 2026
- Business Standard, Augmont partners with NSE for development and promotion of EGR, 28 September 2026