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Indian bullion lobby pitches for local gold on exchanges, ETFs
Mint Mumbai
|September 29, 2025
India’s top gold jewellery and bullion trading lobby has demanded regulatory intervention to make the country’s largest commodity exchange and mutual funds accept Indian-refined gold and silver bars.
Making Indian-refined bullion bars (India Good Delivery) acceptable by Multi-Commodity Exchange of India (MCX) and exchange-traded funds would be in line with Prime Minister Narendra Modi’s “vocal for local” exhortation and would save precious foreign exchange, the India Bullion & Jewellers Association (IBJA) said in a letter to finance minister Nirmala Sitharaman on Friday. Mint has reviewed a copy.
Esta historia es de la edición September 29, 2025 de Mint Mumbai.
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