Deposit and Payment Receipts
Deposit and Payment Receipts
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Have you heard of anything like Electronic Gold Receipts? Well, It might be described as depository gold receipts that can be traded on stock markets. For this type of gold, the trading exchange keeps the actual gold that represents the receipt’s face value in a safe. In other words, investors receive gold receipts rather than actual go In other words, in exchange for the gold they deposit, investors obtain an e-gold receipt, which can be credited to their Demat account in a dematerialized form.
0:58
Have you heard of anything like Electronic Gold Receipts? Well, It might be described as depository gold receipts that can be traded on stock markets. For this type of gold, the trading exchange keeps the actual gold that represents the receipt’s face value in a safe. In other words, investors receive gold receipts rather than actual go In other words, in exchange for the gold they deposit, investors obtain an e-gold receipt, which can be credited to their Demat account in a dematerialized form.
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