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BSE and MMTC-PAMP Forge Gold Trading Alliance
23 Oct
Summary
- BSE and MMTC-PAMP partner to enhance India's electronic gold receipts market.
- The collaboration focuses on increasing participation and transparency in gold trading.
- Electronic Gold Receipts (EGRs) allow gold trading in dematerialised form.
BSE Ltd announced a strategic partnership with MMTC-PAMP India on October 22, 2026, to promote and expand the electronic gold receipts (EGR) market. This collaboration seeks to increase market participation and enhance the transparency of gold trading.
The agreement will leverage MMTC-PAMP's expertise in crucial areas such as refining, assaying, storage, and delivery. BSE, a pioneer in introducing EGR trading in India, will facilitate the launch of EGR contracts in various denominations.
This initiative aims to improve accessibility and liquidity for gold trading, encouraging the financialisation of domestic gold. Stakeholder engagement and market development will be key components to drive wider adoption of EGRs.
