Description
NSE announces the launch of new EGR segment products including GOLD1, GOLD10, GOLD100, and GLD100M for both 995 and 999 purity gold, effective immediately from May 04, 2026.
Summary
NSE has announced the launch of new products under the Electronic Gold Receipts (EGR) segment effective immediately from May 04, 2026. Eight products are being introduced covering two purity levels (995 and 999) across four trading unit sizes (1 gram, 10 grams, 100 grams, and 100 milligrams).
Key Points
- Eight new EGR products launched covering G95 (995 purity) and G99 (999 purity) gold
- Products: GOLD1, GOLD10, GOLD100, and GLD100M under each purity category
- Trading units range from 1 gram to 100 grams of physical gold equivalent
- GLD100M product trades in units equivalent to 100 milligrams of gold
- Circular reference: NSE/EGR/74036, Circular Ref. No: 03/2026
- Effective from immediate effect (May 04, 2026)
Product Specifications
| Product | Purity | Trading Unit | Deposit/Withdrawal Unit | Tick Size |
|---|---|---|---|---|
| GOLD1 (G95) | 995 | 1 gram | 1 gram | ₹1 |
| GOLD10 (G95) | 995 | 10 grams | 10 grams | ₹1 |
| GOLD100 (G95) | 995 | 100 grams | 100 grams | ₹10 |
| GLD100M (G95) | 995 | 100 milligrams | 1 gram | ₹0.10 |
| GOLD1 (G99) | 999 | 1 gram | 1 gram | ₹1 |
| GOLD10 (G99) | 999 | 10 grams | 10 grams | ₹1 |
| GOLD100 (G99) | 999 | 100 grams | 100 grams | ₹10 |
| GLD100M (G99) | 999 | 100 milligrams | 1 gram | ₹0.10 |
Regulatory Changes
NSE is expanding its EGR segment by introducing eight new products under Circular Ref. No: 03/2026. Detailed product specifications are attached as an Annexure to the circular.
Compliance Requirements
- Members are required to note the availability of these products for trading in the EGR segment
- Trading members should update their systems to accommodate the new product symbols and specifications
- Members should refer to the Annexure for complete product specification details
Important Dates
- Effective Date: May 04, 2026 (immediate effect)
Impact Assessment
The launch of these products expands NSE’s EGR segment offerings, providing market participants with more granular gold investment options ranging from 100 milligrams (GLD100M) to 100 grams (GOLD100). The inclusion of both 995 and 999 purity categories caters to different investor preferences. The small tick sizes (₹0.10 for GLD100M) and varied trading units make gold investment accessible at multiple price points, potentially increasing liquidity and participation in the EGR segment.
Impact Justification
Introduces new gold trading products on NSE's EGR segment with immediate effect, expanding product offerings for gold-backed electronic receipts in both 995 and 999 purity categories.