NSE Successfully Dematerializes Gold Bar, Paving Way for Digital Gold Investing

NSE has successfully dematerialized a 1000 gram gold bar and converted it to EGR. This proves that the digital transformation of physical gold is possible and feasible. This is a clear indication that the system is actually working and ready for investors. Official response Shri Ram Krishnan, Chief Business Development Officer, NSE said that the concept of EGR can change the way people in India look at gold. With the help of robust technology and liquidity, investing in gold will become more transparent and reliable. Also, gold will be positioned as a modern financial asset and will promote financial inclusion.