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Gold trade volumes collapse in GIFT City as rules on imports keep flipping
Economy
Published on 24 April 2026
Quota allocation is changing so often deals can’t settle
Gold volumes in GIFT City are plunging even as prices rise, according to reports. In FY26, frequent changes in allocation rules and legal disputes over Tariff Rate Quota under the UAE CEPA have disrupted trading at the bullion exchange. Market participants say the uncertainty around import quota mechanics is deterring orders and slowing liquidity when it’s needed most.
- Gold volumes in GIFT City are falling despite price strength
- Frequent allocation rule changes are disrupting bullion trading
- Legal disputes over UAE CEPA Tariff Rate Quota add uncertainty
- Import quota confusion is hitting liquidity in FY26
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times