Prime Minister Narendra Modi inaugurated the first Indian International Bullion Exchange (IIBX) at Gujarat’s GIFT City on July 29, 2022.
The gold market in India is one of the biggest in the world, ranks second in terms of consumption, and occupies a significant place internationally. These issues and market inefficiencies should be resolved by a bullion spot exchange. India has always sought to be a bullion price-setter as a significant market.
Indian Bullion Exchange Study: What to Expect?
To understand the concepts and future of IIBX, Yubi brings you an exclusive and detailed study on the subject. Here’s what our report on IIBX will help you decode:
- Who can trade on the IIBX?
- What will be traded?
- Why do we need an exchange now?
- What are the advantages of having a bullion exchange in India?