
Electronic Gold Receipts (EGRs) offer a way to hold physical-gold-backed exposure through the securities market without storing gold yourself. They are held in a demat account, traded on the exchange and can be converted into physical gold under the prescribed process. However, liquidity, broker access, transaction and conversion costs matter. EGRs may suit investors who already use a demat account and value the option of physical ownership, while Gold ETFs or digital gold may be simpler for those prioritising liquidity or convenience.