The India International Bullion Exchange (IIBX) has reached a number of significant milestones in gold transaction volumes, breaking bullion market records. Since its start, IIBX has successfully transacted over 10 tons of gold, a significant milestone for the exchange.
On May 29th, IIBX set a record by dealing 500+ kilos of gold in a single day. Furthermore, IIBX has claimed a monthly gold volume of 2.4 tons for the current month alone. The exchange’s success reflects the growing demand for gold as a store of value.