Open Account


Recent launch of the India International Bullion Exchange in Gujarat’s GIFT City is a step in that direction. India’s first global bullion exchange, the IIBX will facilitate efficient price discovery and ensure standardisation, quality assurance and sourcing integrity. IIBX is India’s first International Bullion Exchange set up at the GIFT City, Gandhinagar. IIBX offers a diversified portfolio of products and technology services at a cost which is far more competitive than the Indian exchanges as well as other global exchanges in Hong Kong Singapore, Dubai, London and New York.

Jewelers and bullion dealers with a net worth of Rs 25 Crores will be able to choose their own suppliers of gold and buy the precious metal from them through the India International Bullion Exchange (IIBX) in GIFT City.

IIBX is regulated by the International Financial Services Centres Authority (IFSCA). The IFSCA was been established on April 27, 2020 under the International Financial Services Centres Authority Act, 2019. Headquartered at GIFT City, Gandhinagar in the state of Gujarat, the IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions.

Qualified Jeweller Criteria

  • The entity shall be engaged in the business of goods falling under ITS(HS) codes 7108, 7113, 7114 and 7118 under Chapter 71 of ITC(HS)
  • The entity shall have a minimum net worth of ₹ 25 crore as per its latest audited financial statement.
  • The entity must have filed due GST returns up to the preceding month prior to making an application to the IIBX
  • 90% of the average annual turnover in the last 3 financial years are through dealing in goods under precious metals.

IIBX Products
GOLD 995

Advantage of Investing in IIBX

  • Lower transaction cost & Longer trading hours
  • Price Discovery
  • Digitally- enabled, best in class customer experience.
  • Quality assurance, Reliability and Operational excellence with International standards.