Page 13 - Bullion World Volume 5 Issue 06 June 2025

Bullion World | Volume 5 | Issue 06 | June 2025
B ullion W orld | V olume 5 | I ssue 06 | J une 2025

India International

Bullion Exchange:

Bullion Trading

Future is Here

Mr Ashok Gautam, Managing Director &
Chief Executive Officer, IIBX IFSC Ltd

Mr Ashok Gautam

India’s First International Bullion Exchange is transforming how the
nation—and the world—trades gold and silver.

Revolutionizing Bullion Trade in India

The India International Bullion Exchange (IIBX), located in GIFT City, Gandhinagar, Gujarat, is heralding a new era
in India's bullion market. As the country’s first International Bullion Exchange, IIBX serves as a gateway for bullion
imports into India, offering a transparent, efficient platform for physical bullion trading while also facilitating
innovative hedging and financial products for both domestic and global stakeholders.

What Makes IIBX a Global First

• One-to-One Congruence between Bullion and BDRs: Ensuring a direct link between Bullion Depository
Receipts (BDR) and underlying bullion, this mechanism eliminates discrepancies and streamline operations.
• Every 30-Minute Settlement of BDRs: A global first, this feature boosts liquidity and allows participants in
optimizing fund deployment.
• Direct Pay-in and Pay-out: Bypassing intermediaries, IIBX directly credits BDRs to end clients, cutting delays
and improving efficiency.
• Multiple Fund Settlement Cycles Daily: Reducing turnaround time, this encourages competitive pricing and
efficient fund and shipment management.

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