Dhan, one of India's fastest-growing trading and investment platforms, launched Gold Vault on April 29, 2026, in Mumbai. Gold Vault is a first-of-its-kind investment product for Indian investors that allows them to buy physical gold and silver at MCX live prices — the same exchange-traded prices that institutional investors access — and also receive physical delivery of the purchased metal directly at their doorstep after settlement.
Gold Vault by Dhan is a SEBI-regulated investment product that provides retail investors direct access to MCX bullion futures contracts. Investors have the option to receive physical delivery of gold and silver at the same MCX live prices that institutional investors get, eliminating the traditional gap between retail and institutional gold buying in India.
Every Gold Vault purchase is routed through the MCX futures settlement and cleared through MCXCCL (MCX Clearing Corporation Limited). This structure eliminates the markups, hidden spreads, and counterparty risks that have long been associated with conventional digital gold platforms in India. The gold and silver bought through Gold Vault are stored in exchange-regulated, MCX-partnered vaults and tracked by ComRIS (Commodity Receipts Information System) accounts — the same institutional infrastructure used by commodity market participants.
Investing in physical gold in India has always involved a difficult trade-off. Buying from jewellers comes with high making charges, online gold investment platforms carry markups on gold prices, and there has historically been a lack of transparency in regulation and authentication across digital gold products. Gold Vault by Dhan directly addresses all of these structural problems.
Here is what makes Gold Vault a structural shift in India's gold investment landscape:
By routing every purchase through actual MCX futures settlement and MCXCCL clearing, Gold Vault has eliminated the structural risks that have quietly affected digital gold products in India. The price is exchange-benchmarked, the delivery is physically settled, and the storage is institutionally regulated — giving retail investors the same gold ownership framework that sophisticated market participants have always had access to.
Gold Vault provides a wide range of gold and silver denominations, allowing investors to choose according to their budget. All denominations are based on MCX contract sizes, ensuring that pricing remains fully exchange-benchmarked.
| Contract Name | Denomination |
|---|---|
| GOLD PETAL | Gold 1 gm |
| GOLD GUINEA | Gold 8 gm |
| GOLD TEN | Gold 10 gm |
| GOLD MINI | Gold 100 gm |
| GOLD | Gold 1 Kg |
| Contract Name | Denomination |
|---|---|
| SILVER MICRO | Silver 1 Kg |
| SILVER MINI | Silver 5 Kg |
| SILVER | Silver 30 Kg |
These multiple denominations allow investors to start investing in gold and silver with as little as 1 gram of gold or 1 Kg of silver, making Gold Vault suitable not only for HNIs but also for new investors with limited budgets. The accessibility of smaller denominations is a key differentiator that broadens the reach of exchange-grade gold investing to every segment of Indian retail investors.
The launch of Gold Vault was accompanied by strong statements from Dhan's founders and the leadership of MCX, underscoring the significance of this product for India's retail investment ecosystem.
Pravin Jadhav, Founder & CEO, Dhan, said:
"Gold has always been the most trusted store of value for Indian families; the experience of actually buying, holding, and trusting digital gold has been outside regulatory purview. While building Gold Vault, we asked a simple question — what would it take for an investor to feel completely safe buying & owning Gold or Silver digitally? The answer was exchange settlement contracts, regulated vaulting, and zero counterparty risk. We built exactly that. Gold Vault by Dhan is the product Indian investors have always wanted, and we're proud to be the first to deliver it."
Jay Prakash Gupta, Founder & COO, Dhan, added:
"By routing every purchase through actual MCX futures settlement and MCXCCL clearing, we've eliminated the structural risks that have quietly plagued digital gold products in India. The price is exchange-benchmarked, the delivery is physically settled, and the storage is institutionally regulated. For the first time, a retail investor gets the same gold ownership framework that sophisticated market participants have always had access to."
Praveena Rai, MD & CEO, MCX, endorsed the launch with the following statement:
"By combining Exchange-led liquidity and price discovery with regulated infrastructure, investors can now invest in gold via futures with confidence, backed by transparent pricing, settlement, secure vaulting and seamless delivery."
The endorsement from MCX's top leadership further validates Gold Vault's position as a credible, exchange-backed product that aligns with the highest standards of India's commodity markets infrastructure.
Investors can access Gold Vault directly through the Dhan app. The process is straightforward and designed to be accessible for both experienced traders and first-time gold investors:
This seamless four-step process ensures that retail investors can participate in exchange-grade gold and silver investing without requiring any prior knowledge of commodity futures markets.
Gold Vault by Dhan is not an incremental product improvement to an existing offering — it is a structural shift in how India buys gold and silver. It bridges the gap between exchange-grade price discovery and retail accessibility, delivering transparent pricing and regulated market structures to every Indian investor.
Through Gold Vault, Dhan aims to make gold and silver investments accessible for every Indian investor with exchange pricing, true ownership, secure storage, and home delivery. By being the first platform to offer this product, Dhan has set a new benchmark for what regulated, transparent, and accessible gold investing should look like in India.
