hypeless
Back to the news

Companies

NSE's Electronic Gold Receipts record over ₹23 crore turnover on debut: How investors can buy

Reported by: CNBC TV18 ·

WhatsApp

Augmont Enterprises

Summary

CNBC TV18 reported that Electronic Gold Receipts worth about ₹23.34 crore traded on the National Stock Exchange on November 6, the first day of activity in the segment. The outlet said the segment is backed by Augmont Enterprises. An Electronic Gold Receipt is an exchange-traded receipt that represents a quantity of gold held in a vault, so it lets someone hold gold in demat form instead of taking physical delivery. Turnover means the total value of receipts traded that day, not the value of gold held by any one person. The report does not give the number of trades or the price at which the receipts changed hands.

AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18

Learn: What is a share?

Sources

Every outlet that reported this story. Each link opens the outlet's own article.

What each outlet wrote

The same news, in each outlet's own headline. Open one to read their full story.

CNBC TV18  · · Tone 0

NSE's Electronic Gold Receipts record over ₹23 crore turnover on debut: How investors can buy

Electronic Gold Receipts worth about ₹23.34 crore traded on the National Stock Exchange on November 6, marking the opening day of activity in the segment backed by Augmont Enterprises.

Some headlines quote an analyst. Those views are theirs, not ours.

Earlier coverage

What outlets reported about the same company before this story, newest first.

Ask Hypeless about this story

Ask what it means, what a term in it means, or what other outlets said. Answers use only these outlets' headlines.

Ask Hypeless