Experts say SEBI’s approval paves way for transparent price discovery, investment liquidity and ensuring quality of gold

In a board meeting, Sebi gave an approval to the latest framework for gold exchange. This was first announced in the Union budget 2018-19.

Any recognised stock exchange, existing as well as new, can launch trading in electronic gold receipts in a separate segment

SEBI has proposed a framework to set up a spot gold exchange in India