The Latest Breaking News from IIBX

IIBX plans to bring bullion to Bengal’s doorstep with Kolkata vault by Diwali

IIBX will open its own bullion vault in Kolkata by Diwali, enabling West Bengal jewellers to take local delivery instead of sourcing bullion from Chennai or GIFT City. The move is expected to cut logistics costs and delivery times, as the industry navigates high gold prices, falling volumes and export…

The Economic Times · 2h ago

Explained | GIFT City: The history & tax incentives of India’s first ‘Smart City’

Prime Minister Modi conceptualised the project in 2008, as Chief Minister of Gujarat

The Hindu · Aug 29, 2022

PM Modi inaugurates India’s first bullion exchange at GIFT city, Gandhinagar

Setting up of bullion exchange could lead to standard gold pricing in the country and make it easier for small bullion dealers and jewellers to trade in the precious metal 

The Hindu · Jul 29, 2022