India's First International Bullion Exchange

On 29th July, 2022, the Central government launched India's first international bullion exchange - India International Bullion Exchange (IIBX).

  • The bullion exchange was launched at the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat.
  • The exchange will be the Gateway for Bullion Imports into India, wherein all the bullion imports for domestic consumption shall be channelized through the exchange.

About India International Bullion Exchange (IIBX)

  • IIBX is the third exchange of its kind in the globe and will facilitate the transition of the Indian bullion market towards a more organised structure by granting qualified jewellers ....
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