Convert E-Gold into one gram coins....

E-Gold is the country's first commodity investment product in dematerialised format.

To mark the completion of two years of launch of ‘e-Gold’ — India’s first commodity investment product in demat form — Financial Technologies (FTIL)-promoted National Spot Exchange (NSEL), has extended the facility of physical conversion of e-Gold units to 1 gm gold coins.

NSEL offers conversion of e-gold investments into coins. National Spot Exchange (NSEL) today said e-Gold units can now be converted into one gram of gold coins under a new facility. This facility is currently offering options of 8 gms, 10 gms, 100 gms and 1 kg lots.

Mr Anjani Sinha, Managing Director, NSEL said the latest move to allow “e-Gold delivery” in one gm denominations will attract more retail investors. In e-Gold, investors have found a unique way to park their money in gold without having to worry about purity or physical security that is inherent to jewellery and physical bullion, he added.

Source:http://www.nationalspotexchange.com/news_events.htm