Exchanges Compete to Expand India's Exchange-Traded Gold Market
1 report, 1 independent
Updated Oct 23
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What happened
Exchanges are actively competing to capture a larger share of the gold market in India. This competition is aimed at developing India’s underpenetrated exchange-traded gold market, which involves rival National Stock Exchange of India (NSE).
From fow.com
Why it matters
The competition is occurring within the context of NSE introducing financialization of gold in India through partnerships involving Electronic Gold Receipts and Sequel Logistics. This effort seeks to expand the market for gold trading in the country.
NSE introduced financialization of gold in India through partnerships involving Electronic Gold Receipts and Sequel Logistics.
From fow.com