GIFT City Can Emerge as Global Hub for Institutional Gold Funds, Says Artha Bharat
At IFSCA’s Global Securities Markets Conclave in Mumbai, Artha Bharat Investment Managers said GIFT City could become a global gold fund hub if digital access is supported by legal enforceability and regulatory oversight.
WGC Calls for Guidelines on Digital Gold Market in India
The World Gold Council (WGC), an international trade association, has urged India's finance ministry and the Reserve Bank of India (RBI) to establish clear guidelines and regulatory frameworks for the burgeoning digital gold business in the country
LBMA & WGC Advocate for Gold Reclassification as High-Quality Liquid Asset Under Basel III
In a landmark effort to enhance financial market stability and liquidity, the London Bullion Market Association (LBMA) and the World Gold Council (WGC) have embarked on a mission to reclassify gold as a High-Quality Liquid Asset (HQLA) under Basel III guidelines
Gold Industry Calls for Hallmarking of 9-Carat Jewellery Amid Soaring Prices
As gold and silver prices surge to unprecedented levels, the gold trade has urged the Bureau of Indian Standards (BIS) to introduce hallmarking and Hallmarking Unique Identification (HUID) numbers for 9-carat gold jewellery
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