E-gold/ silver / metals
“e-gold” refers to electronic mode of holding gold and is essentially a financial instrument traded in spot exchanges in India that enables its investors to invest their funds into gold in smaller denominations and hold it in ‘demat’ form” (i.e, in electronic form). Investors buying E-Gold and E-Silver can liquidate the same or convert into physical gold. Such e-contracts are also available for a few metals like copper, zinc, platinum, lead etc.
Such commodity contracts are also meant for retail investors who prefer investing in commodity stocks with a view to gain benefits from the volatility in the respective commodities.
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