Dhan launches ‘Gold Vault’ to enable exchange-linked buying of gold, silver
Platform allows retail investors to buy bullion at MCX-linked prices with secure storage and delivery options
Pravin Jadhav, founder-CEO of Dhan, Jay Prakash Gupta, co-founder and COO, Praveena Rai, MD & CEO of MCX, at the launch of ‘Gold Vault’ in Mumbai on Wednesday.
Mumbai: Investment platform Dhan on Wednesday launched ‘Gold Vault’, a product that enables retail investors to buy gold and silver at exchange-linked prices through participation in MCX bullion futures contracts.
The offering allows investors to purchase physical gold and silver at live prices discovered on the Multi Commodity Exchange, with transactions backed by SEBI-regulated infrastructure including MCX, MCXCCL and institutional vaulting systems.
The platform facilitates physical settlement of bullion assets, which are stored in exchange-regulated vaults. Investors also have the option to opt for physical delivery at their convenience.
The company said the product aims to address long-standing challenges in gold buying, including pricing transparency, authenticity and secure ownership, by linking purchases directly to exchange-based price discovery and regulated settlement mechanisms.
Under the model, bullion purchases are routed through MCX futures settlement and cleared via MCXCCL, with storage handled through institutional-grade vaulting infrastructure typically used by large financial entities.
Pravin Jadhav, founder and Chief Executive Officer of Dhan, said the product is designed to provide a secure and transparent framework for digital gold ownership by combining exchange settlement, regulated vaulting and reduced counterparty risk.
Jay Prakash Gupta, co-founder and Chief Operating Officer, said the platform extends institutional-grade gold ownership mechanisms to retail investors by integrating exchange pricing, physical settlement and secure storage.
Praveena Rai, Managing Director and Chief Executive Officer of MCX, said the initiative enhances accessibility and transparency in gold investing by leveraging exchange-led liquidity and regulated infrastructure.
The product is available to users through the Dhan app.
