Economy · India
MCX expands gold delivery ecosystem to align with international standards
The Multi Commodity Exchange (MCX) has expanded its gold delivery ecosystem to align with the Bureau of Indian Standards (BIS)-standard bullion and Good Delivery norms. This move aims to improve the efficiency and transparency of gold trading in India. The expansion includes the addition of new domestic refiners, which will enable more participants to buy and sell gold futures contracts. The development is expected to benefit the gold market in India.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 0 n = 2
- Centre (2): Business Standard, The Free Press Journal