Commodities Live: PM Modi To Launch Indias First International Bullion Exchange Tomorrow

Prime Minister Narendra Modi will launch India's first International Bullion Exchange (IIBX) tomorrow at Gujarat International Finance Tec-City (GIFT City). This exchange will make the trading of gold in the country more systematic, in which financialization of gold will be encouraged. It will also facilitate efficient prize discovery with the assurance of quality and accountable sourcing of gold. What will be the trading rules on IIBX? Watch Commodities Live for more details.