neutral
Recently
SEBI Pushes Reforms to Strengthen Gold Exchange as Price Reference
SEBI plans to resolve key challenges in the Electronic Gold Receipt framework to boost liquidity and credibility, aiming to establish it as India’s primary domestic benchmark for gold pricing.
Market regulator SEBI plans to address operational and participation challenges affecting the Electronic Gold Receipt system, with the objective of positioning it as a reliable domestic price benchmark for gold. The regulator is reviewing liquidity constraints, delivery mechanisms, and participation by jewellers and bullion dealers. Officials believe targeted reforms could improve transparency, deepen trading volumes, and reduce India’s dependence on overseas gold price references.