Bullion Trading in Mumbai
Mumbai trades what Surat cuts. The Bharat Diamond Bourse at Bandra Kurla Complex, opened in 2010 on about twenty acres, replaced a trade that had run out of the Opera House buildings and Zaveri Bazaar for generations, and it now handles the great majority of India's diamond exports.
Named companiesNamed companies
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15companies
Bullion dealer
RiddiSiddhi Bullions, founded in 1994 by Prithviraj Kothari, is the largest bullion dealer of Zaveri Bazaar and among the largest in India, importing and distributing gold and silver bars to jewellers; its rates are a re
Bullion dealer
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Trade association
IBJA, the Bombay Bullion Association of 1919, is the association of the bullion and jewellery trade, headquartered in Zaveri Bazaar; its daily gold and silver rates are the reference used by the Government for sovereign
Gold refiner
MMTC-PAMP, the joint venture of MMTC and PAMP of Switzerland, is the only LBMA-accredited gold and silver refinery in India, at Mewat in Haryana, and its bars and coins are sold through Zaveri Bazaar dealers and banks.
Bharat Diamond Bourse, BKC
Gold refiner and jewellery exporter
Rajesh Exports, the Bengaluru company listed on the Mumbai exchanges, is the largest gold jewellery manufacturer and refiner in the world by volume, owning the Valcambi refinery in Switzerland.
Bullion dealer
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Bullion dealer
Narrondass Manordass on Sheikh Memon Street is a bullion refiner and trader of Zaveri Bazaar, one of the names behind the bazaar’s daily rate for generations.
Bullion dealer
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Bullion dealer
Mangalmani Jewellers in 3rd Agiary Lane deals in bullion and gold for the trade.
Bullion dealer
Opus Refinery on Homji Street, Fort, is a bullion dealer serving jewellers and investors.
Bullion dealer
Mahavir Bullion & Refinery at Mahape, Navi Mumbai, refines gold and supplies bullion to the Zaveri Bazaar trade.
Bullion dealer
Augmont, headquartered in Mumbai, runs a BIS- and NABL-accredited gold refinery and a digital gold platform, and supplies bullion to jewellers; it is one of the newer refiners of the bazaar trade.
Bullion dealer
Chenaji Narsinghji is one of the oldest bullion trading houses of Zaveri Bazaar, dealing in physical gold for the bazaar’s jewellers.
Bullion dealer
MD Overseas is a Mumbai bullion importer and dealer, among the large private importers of gold bars for the Zaveri Bazaar market.
Bullion dealer
MNC Bullion is a Zaveri Bazaar bullion dealer in gold and silver bars.
Bullion Trading across the city
Other gem and jewellery lines
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