NSE amends refiner standards for gold bars conforming to BIS standards

The National Stock Exchange of India Limited (NSE) through a circular dated 14.05.2021 informed amendments regarding the NSE refiner standards for gold bar conforming to the BIS standards. The Exchange informed that in addition to 1 kilogram and 100 grams gold bars produced by Approved Refiners who are in compliance with the provisions of the NSE refiner standards, NSE shall start acceptance of 1 gram gold coins with a purity of 999.0 parts
per thousand fine gold (produced by Approved Refiners). This is done towards settlement of the 1 gram gold contracts to be traded on NSE.