International Bullion Exchange (IIBX)
🖊 Prime Minister Narendra Modi will launch the “India International Bullion Exchange” on July 29, 2022.
🖊 It will be operationalized at the “Gujarat International Finance Tec-City (GIFT City)”.
đź–ŠÂ IIBX will provide for efficient price discovery with assurance of responsible sourcing and quality.
đź–ŠÂ It will give impetus to financialization of gold across the country.
đź–ŠÂ IIBX will serve the purpose of global value chain with integrity and quality.
đź–ŠÂ With the launch of IIBX, India would be able to affect international bullion prices as a principal consumer.
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