Branch2 Intelligence
Artha Bharat launches Gift City’s first physical gold fund with option of gold bar redemption
Key takeaway
Artha Bharat launches Gift City's first physical gold fund with gold bar redemption option.
- Step 11st-order: Artha Bharat launches physical gold fund in GIFT City, offering gold bar redemption.
- Step 22nd-order: Increased investor participation in the fund drives higher trading volumes on the India International Bullion Exchange (IIBX).
- Step 33rd-order: Enhanced liquidity and credibility of IIBX attracts more bullion participants, reducing spreads and improving price discovery.
Source: IN:The Hindu BusinessLine
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