Page 3 - Bullion

How will the IIBX at GIFT City benefit India?

On July 29, PM Modi launched India's first bullion exchange at Gujarat's GIFT City. Experts believe it will usher in transparency in the gold's price-setting mechanism. Here is more about the exchange

IIBX at GIFT City: A potential gold standard for the bullion trade

IIBX has the potential to ease the hassle involved in importing precious metals

PM Narendra Modi to launch international bullion exchange on July 29

India International Bullion Exchange which will facilitate efficient price discovery with assurance of responsible sourcing and quality, apart from giving impetus to financialisation of gold in India

Gold prices hit 1-month high as Ukraine crisis dulls risk appetite

Spot gold was up 0.8% at $1,989.65 per ounce, as of 0723 GMT, hitting its highest since March 11. U.S. gold futures were up 0.9% at $1,993.40

NSE, IBJA to launch bullion spot exchange soon, framework will cater to B2B

The proposed business framework shall cater to B2B segments of the industry and shall also play a pivotal role in integrating the value chain participants in the entire bullion ecosystem, says NSE

NSE bullion derivatives settlement on blockchain may be a game changer

Platform will be extended to spot gold exchange

IFSCA does pilot run of international bullion exchange ahead of Oct launch

IFSCA has envisioned the International Bullion Exchange as a 'Gateway for Bullion Imports into India', wherein all the such imports for domestic use will be routed via the exchange

Gold price today at Rs 47,380 per 10 gm, silver trending at Rs 67,900 a kg

In New Delhi, the price stands at Rs 47,140 per 10 gm. For Mumbai, the yellow metal is selling at Rs 47,380, while, in Chennai, it is at Rs 45,470

Gold prices fall as firmer dollar offsets easing US bond yields

Spot gold was down 0.2% at $1,886.76 per ounce, after rising more than 1% in the previous session

Four key charts to indicate whether latest rally in gold can be sustained

Bullion is one of the best-performing commodities this month, erasing almost all of this year's losses.

Gold tumbles Rs 522, silver crashes Rs 1,822

The trend in the international markets was muted

Gold price rises Rs 241 in line with global trend; silver jumps Rs 781

Gold prices on Monday rose to Rs 45,520 per 10 grams in the national capital

GIFT City may have single bullion exchange after regulator's nudge

3 exchanges are working towards a common platform and also competing together for international biz

Bitcoin over gold: Can the largest digital currency rival bullion one day?

The digital currency is a trading ground for a motley crew of retail players, speculative pros and exotic quants, while traditional investors have hitherto stayed on the sidelines

BSE signs MoU with premier bullion trade associations across India

These associations collectively represent close to 2,200 members, engaged in retail sale and trade of bullion

Gold price today at Rs 50,678 per 10 gm, silver trends at Rs 67,266 a kg

In New Delhi, the price of 22-carat gold remained at Rs 49,600 per 10 gram, and in Chennai it jumped to Rs 48,860

Gold price today continues upward trend at Rs 53,200, silver at Rs 65,000

In New Delhi, the price of 22-carat gold rose to Rs 52,200 per 10 grams, and in Chennai to Rs 51,250

Covid-19: Bullion traders to resort to online channels for jewellery sales

Hit hard by the Covid-19 pandemic, bullion traders here have decided to sell their jewellery products through websites and apps also

Gold prices today steady at Rs 48,350 per 10 gm, silver at Rs 48,550 a kg

In New Delhi, the price of 22-carat gold also slid to Rs 47,150 per 10 gram, and in Chennai to Rs 46,270

Gold set for third straight weekly gain as virus cases soar

The bullion has risen more than 1% so far this week, with prices scaling a near eight-year high of $1,779.06 on Wednesday