NCDEX launches gold and silver contracts

The contracts named Gold International and Silver International allow trading in lots of 1kg and 30kg respectively. The contracts will be physically settled on the basis of international prices in Rupees at Ahmedabad in Gujurat, India.

NCDEX has reported a healthy interest in its gold contract with volume registering122kg in a day. The new contracts are set to challenge India's largest commodity exchange, the Multi Commodity Exchange's (MCX) current monopoly of the country's metal bullion market.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: