World Gold Council launches ‘Gold as a Service’

NEW DELHI : The World Gold Council has introduced the 'Gold as a Service' platform to create a new market infrastructure linking physical gold custody with digital systems, a report by Boston Consulting Group (BCG) India said on Monday. The platform standardizes custody, reconciliation, compliance, and redemption processes to reduce operational complexity, improve access, and ensure consistency across digital gold products.

Abhishek Bhatia, MD and Partner at BCG, said the infrastructure will enable seamless access to digital gold through India’s fintech and UPI-driven payments ecosystem, allowing neobanks, retailers, and innovators to scale gold-backed savings, remittances, and micro-investments. Despite prior digitization in trading, clearing, and recordkeeping, structural constraints limited digital gold adoption, which the new platform aims to resolve and modernize for millions of investors.