Dhan Introduces Gold Vault, Enables Physical Bullion Buying via MCX.
Dhan Launches 'Gold Vault' for Retail Investors to Buy Physical Gold and Silver
Financial technology firm Dhan has introduced 'Gold Vault', a platform that enables retail investors to purchase physical gold and silver at live prices linked to exchange-traded rates. The new offering allows users to participate in bullion futures contracts on the Multi Commodity Exchange (MCX) and take physical delivery of gold and silver.
The product operates within the capital markets regulatory framework, providing transparency in pricing and ownership. Transactions are backed by SEBI-regulated infrastructure, including MCX, its clearing arm MCXCCL, and institutional vaulting systems. Users can buy gold and silver at exchange-discovered prices without additional markups, with settlement routed through MCX and MCXCCL. Once contracts are physically settled, the bullion is stored in exchange-regulated vaults, with an option for investors to opt for home delivery.
The Gold Vault offering aims to improve transparency and access to gold investing by combining exchange-led price discovery with regulated settlement and storage infrastructure. Dhan said the platform routes every purchase through MCX futures settlement and MCXCCL clearing, reducing structural risks associated with digital gold products. The price is exchange-benchmarked, the delivery is physically settled, and the storage is institutionally regulated.
Key Features of Gold Vault
| Feature | Description |
|---|---|
| Exchange-led price discovery | Prices are determined by the Multi Commodity Exchange (MCX) |
| Regulated settlement | Settlements are routed through MCX and MCXCCL |
| Institutional storage | Bullion is stored in exchange-regulated vaults |
The Gold Vault product is available to all users on Dhan's app. The company said it aims to provide a transparent and secure way for retail investors to buy and hold physical gold and silver.
Dhan's Gold Vault has been welcomed by industry stakeholders, including Praveena Rai, Managing Director and CEO of MCX, who said that the initiative improves transparency and access to gold investing. Jay Prakash Gupta, Founder and COO of Dhan, said that the platform reduces structural risks associated with digital gold products.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Investors can now buy physical gold and silver at live prices linked to exchange-traded rates through Dhan's Gold Vault.
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