New Delhi, 30 Apr, (CXO Media): Dhan has launched Gold Vault, a platform that allows investors to buy gold and silver at exchange-linked prices.
The company said the product routes transactions through the Multi Commodity Exchange (MCX) framework, with clearing handled by MCXCCL. This structure brings bullion purchases under a regulated capital market setup, unlike most digital gold offerings currently available in India.
Investors can buy gold or silver based on live MCX prices and opt for physical delivery through futures settlement. The assets are stored in exchange-regulated vaults via ComRIS accounts, typically used by institutional participants.
The move focuses on addressing long-standing concerns around pricing transparency, purity, and storage in retail gold buying. By linking purchases directly to exchange prices, the platform removes additional spreads often seen in digital gold products.
Dhan stated that each transaction is settled through MCX and cleared via MCXCCL, aiming to reduce counterparty risks. The offering brings an ownership structure closer to exchange-traded instruments, which has largely remained limited to institutional or experienced market participants.
The launch comes as platforms look to expand beyond equities and mutual funds into commodities. It also follows Dhan’s recent acquisition of algorithmic trading platform Stratzy, signaling a broader push into India’s capital markets ecosystem.
