
The new Indian International Bullion Exchange (IIBX) – Price Taker or Price Maker?
A new gold exchange called the Indian International Bullion Exchange (IIBX) has just been launched in GIFT City, Gujarat, India.
IIBX offers spot gold contracts backed by vaulted bullion, and trading will allow Indian jewellery companies to import gold via the Exchange.
But will IIBX help India become a gold ‘price setter’, or will one of the world’s largest... Continue Reading