Gold trading recognized as essential service

Gold trading recognized as essential service
Published 26 October 2024

On October 25, the Ministry of Natural Resources and Environmental Conservation declared that gold trading services are officially considered an essential service.

According to Notification No. 35/2024, issued on October 24, the Union Government has classified gold trading under Section 4, Sub-section (c) of the Important Goods and Services Law, granting the Ministry authority to issue protective, regulatory, and supervisory orders for this service as deemed necessary.