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India's first International Bullion Exchange known as '''India International Bullion Exchange (IIBX)''' - in the GIFT city (Gujarat International Finance Tec-City).The exchange, which was announced in Budget 2020, will sell physical gold and silver. According to a report by the Indian Express, infrastructural arrangements to store these precious metals have already been made.<ref>https://www.livemint.com/news/india/indias-first-international-bullion-exchange-iibx-what-it-is-how-it-works-explained-11658982313295.html</ref> | India's first International Bullion Exchange known as '''India International Bullion Exchange (IIBX)''' - in the GIFT city (Gujarat International Finance Tec-City).The exchange, which was announced in Budget 2020, will sell physical gold and silver. According to a report by the Indian Express, infrastructural arrangements to store these precious metals have already been made.<ref>https://www.livemint.com/news/india/indias-first-international-bullion-exchange-iibx-what-it-is-how-it-works-explained-11658982313295.html</ref> | ||
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== Final Submission == | == Final Submission == | ||