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MCX to Launch 10-gram Gold Futures Contract Soon

2024 • 3min • News • Business

Informative

Published On: August 01, 2024 - The Multi Commodity Exchange of India (MCX) is set to launch a highly anticipated 10-gram gold futures contract. This move is expected to attract retail traders and individual investors by aligning closely with the standard price measure for gold. Learn about the new integrated commodity market platform developed by Tata Consultancy Services (TCS) and the broader launch that includes new agri contracts. Explore the implications for small jewellers, MCX's market dominance, and the financial gains reported in Q1 2024. Stay informed on the latest developments in the gold market and discover why experts recommend gold-related instruments like Sovereign Gold Bonds (SGBs) and gold ETFs for your investment portfolio.