Page 26 - Bullion World Issue 10 Volume 05 October 2025
P. 26

Bullion World | Volume 5 | Issue 10 | October 2025



                                       Highlights of Day 3

                             India Gold Conference 2025:


                          Where The World Meets India







                                                                             Mr Moses Bodea
                                                                              Presentation:
                                                                 "Rethinking Gold Ownership in India"

                                                               Mr Bodea analysed India's gold ownership,
                                                               contrasting traditional jewellery with bullion’s
                                                               standardized financial advantages. He traced
                                                               regulatory changes and emphasized emerging
                                                               digital solutions to modernize the market.

                                                               •   Highlights:
                                                               •   •   Jewellery faces challenges like uncertain
                                                                  purity, high making charges, and resale
                                                                  difficulty.
                       Mr Kaushlendra Sinha                    •   •   Bullion offers standardized value,
               Presentation: "IAGES: Transforming                 certification, and global liquidity, supported by
                       Indian Gold Industry"                      historical price and premium data.
                                                               •   •   India's gold market formalization through
            Mr Sinha introduced IAGES as a self-regulatory        the Gold Control Act liberalization, GST,
            body created by the Indian gold industry itself       hallmarking, and the creation of IIBX.
            to address consumer trust deficits, fragmented     •   •   Advocacy for blockchain for transparency,
            practices, and regulatory gaps. IAGES aims to unify   fractional ownership, and instant cross-border
            the market by promoting transparency, ethical         transfers to democratize bullion access.
            sourcing, and compliance through a structured      •   •   Aim to make gold investment more efficient,
            accreditation system.                                 liquid, and consumer-friendly while benefiting
                                                                  the entire industry.
            Key points:
            •   IAGES sets a code of conduct and encourages
               fair, transparent, and sustainable practices.
            •   Accreditation involves self-assessment and
               external certification, distinguishing members by
               integrity and responsibility.
            •   Members gain enhanced market credibility,
               investor confidence, and access to exclusive
               growth and networking opportunities.
            •   Supported by major bodies like IBJA, GJC, and
               the World Gold Council.
            •   The initiative is pivotal for raising India's
               global stature as a trusted gold hub, aligning
               with national economic growth goals through
               improving consumer confidence and industry
               standards.



            26
   21   22   23   24   25   26   27   28   29   30   31