The Multi Commodity Exchange of India (MCX) launched the Gold Ten (10g) Futures to begin trading on MCX from April 1, 2025. The top commodity exchange of India, MCX, launched gold futures trading contracts to enhance market access. This is done through a specific retail-friendly format for investors, including small-scale traders.
This new lower-denomination contract from MCX allows markets to boost efficient participation and improve risk management capabilities. It also supports portfolio diversification in the gold bullion market, especially as prices approach ₹90,000 per 10 grams.
MCX to Launch Gold Ten Futures Contracts from April 1: Overview
According to official information from MCX and industry reports, the Gold Ten futures on MCX will trade as GOLD TEN. The contract provides market participants flexible options for hedging purposes or speculative trading through its 10-gram gold content of 999 purity.
MCX advances its mission to develop deep commodity markets in India through the gold market MCX by implementing this move to expand market access. The new product has several features that traders and investors will encounter.
Why MCX Is Launching Gold Ten Futures Now
At this exact moment, the launch takes on increased relevance. Gold futures at MCX reached their highest levels, leading to explosive growth in market demand for a manageable-sized, accessible gold futures contract. The MDX launch Gold Ten goes beyond simple product development for the following reasons:
Delivery and Settlement Guidelines
MCX has introduced a compulsory delivery mechanism for the Gold Ten futures contract. This means that open positions at expiry will result in physical settlement at MCX-accredited vaults unless otherwise closed.
- Staggered Delivery: Starts 5 trading days before expiry. Participants must indicate delivery preferences.
- No Action Scenario: If traders do not provide delivery instructions, positions are automatically marked for delivery at expiry.
- Final Settlement Price: Derived from spot prices in Ahmedabad (995 purity) and adjusted for 999 purity.
Gold Ten futures are introduced to provide investors and traders with a seamless and affordable means to hedge their positions in the bullion market.