Gold Exchange

Gold ETF flows shrink despite superior returns, shows Amfi data

Between October 2021 and September 2022, gold prices rose over 9.5 per cent even as ETF inflows shrunk to a half

Gifts received from non-relatives of above Rs 50,000 a year are taxable

Gifts from employer become taxable once their value exceeds Rs 5,000; bonus is also taxable

Gold ETFs log first monthly outflows in five months, shows data

The latest bout of outflows come amid a sharp surge in the equity markets

How will the IIBX at GIFT City benefit India?

On July 29, PM Modi launched India's first bullion exchange at Gujarat's GIFT City. Experts believe it will usher in transparency in the gold's price-setting mechanism. Here is more about the exchange

First global gold exchange in India aims to create regional bullion hub

The India International Bullion Exchange is expected to attract dealers, refineries and foreign banks, Chief Executive Officer Ashok Gautam said

Explained: How will India's International Bullion Exchange (IIBX) work

India's International Bullion Exchange (IIBX) will be open for jewellers with a net worth of Rs 25 crore and above to participate

Net inflows into gold exchange-traded funds down 34%, shows data

Investors are likely to continue to invest in gold ETFs as a means to diversify their portfolio and hold gold ETFs as a hedge against market risks

Sebi notifies vault managers rules; allows bourses to set up gold exchange

This comes after the board of Sebi cleared a proposal in September for setting up a gold exchange

Self-regulation model likely for gold exchange

Blockchain could be the technology backbone to ensure transparency and proper record-keeping

Market regulator proposes framework for setting up a spot gold exchange

MCX, BSE and NSE are together setting up a spot exchange in the GIFT City

Spot gold exchange - New investment avenue for Indians?

Sebi has approved guidelines for setting up of spot gold exchanges. Let us take a look at how the exchange would work and how it compares with other gold instruments

Sebi proposes framework for gold exchange; suggests electronic receipts

Sebi on Monday proposed an elaborate framework for setting up a gold exchange wherein the yellow metal will be traded in the form of electronic gold receipts

Gold exchange blueprint tops Sebi's board meet agenda on February 17

The Sebi board is set to discuss the structure and challenges while setting up a spot gold exchange as proposed in the Union Budget last week

Sebi to be notified as gold exchange regulator: FM Sitharaman

The government on Monday said capital market watchdog Securities and Exchange Board of India (Sebi) will be the designated regulator for gold exchanges

Bullion refiner MMTC-PAMP launches buy-back, exchange offers for gold

For a nominal transaction fee, sellers can receive the maximum value of gold as a direct bank transfer or in the form of a gold bar with 9999, 999 and 995 purity, the bullion refiner said

Bullion experts propose separate gold saving account to promote paper gold

Currently, transaction in paper gold is available in the form of exchange-traded fund

Samvat 2075 ends with highest returns for gold investors in eight years

In this Samvat, investors earned 20.4 per cent from gold. The last year in which returns from gold were as good, was Samvat 2067 and 2068, though 2072 was not bad either

Plan for gold spot exchange picks up pace; govt approval awaited

The exchange is envisaged as connecting all stakeholders - jewellers, bullion dealers, gold refineries and consumers

Poland leads June purchases as central banks turn hawkish on gold again

The Polish Central bank bought 95 tonnes of the metal that month, China 10 tonnes.

IIM-A suggests tax relief for gold exchange

Institute also recommends that the exchange should be regulated by Sebi