Dhan Launches Gold Vault, Enabling Direct Gold and Silver Investment at Exchange Rates

Bangalore: Dhan, a rapidly expanding trading and investment platform in India, has unveiled Gold Vault, an innovative investment offering that grants Indian investors access to physical gold and silver coins at real-time prices quoted on stock exchanges.

The Gold Vault service operates within SEBI's regulatory framework for capital markets, providing a compliant mechanism for purchasing physical bullion assets at MCX-linked rates. Physical settlement and storage are managed by MCXCCL using institutional-grade secure vaulting infrastructure, ensuring investor protection and asset security.

Historically, acquiring gold in India has involved trade-offs concerning fair pricing, secure ownership, product authenticity, and regulatory oversight. Gold Vault addresses these concerns by enabling price discovery directly through exchange mechanisms. Each transaction occurs at transparent market rates, and investors can trade gold or silver futures contracts at live exchange prices before selecting physical delivery of their bullion holdings. This approach integrates trust, purity, and security within established exchange and regulatory structures.

All gold and silver purchases are processed through MCX and MCXCCL, India's commodity exchange and clearing corporation. Pricing derives directly from MCX without markups, hidden charges, or unexpected fees.

Following physical settlement of gold or silver contracts, assets are delivered and held in exchange-regulated vaults operated by MCX partners through ComRIS accounts. These institutional-grade facilities, previously accessible only to large financial institutions, are now available to individual retail investors.

Pravin Jadhav, Founder and CEO of Dhan, explained the rationale behind the product: "Gold has consistently served as the most reliable wealth preservation tool for Indian households. However, the process of purchasing, holding, and trusting digital gold has operated outside regulatory frameworks. In developing Gold Vault, we posed a fundamental question: what conditions would enable an investor to feel completely confident acquiring and owning gold or silver digitally? The solution involved exchange-settled contracts, regulated storage facilities, and the elimination of counterparty risk. We have created precisely that. Gold Vault represents the product Indian investors have long sought, and we are pleased to be the first to offer it."

Jay Prakash Gupta, Founder and COO of Dhan, added: "MCX's infrastructure for physical gold settlement has been operational for years, yet no retail platform had previously made it directly available to individual investors. Gold Vault changes this landscape. By channeling all purchases through MCX futures settlement and MCXCCL clearing, we have removed the structural vulnerabilities that have persistently affected digital gold products across India. Exchange-benchmarked pricing, physically settled delivery, and institutionally regulated storage converge to provide retail investors access to the same gold ownership framework that sophisticated market participants have historically enjoyed."

Praveena Rai, Managing Director and Chief Executive Officer of MCX, commented: "This development represents important progress in democratizing gold investment through enhanced transparency, broader accessibility, and strengthened security for investors nationwide. By integrating exchange-driven liquidity and price discovery with regulated infrastructure, investors can participate in gold futures investing with assurance, supported by clear pricing, regulated settlement, secure storage arrangements, and efficient delivery mechanisms."