
MCX to launch Gold Ten futures contracts from April 1. From tick size to margin requirement, check key details here
Live MintThe Multi Commodity Exchange of India, the country’s largest commodity exchange, has announced the launch of Gold Ten futures contracts, effective from Tuesday, April 1, 2025. The introduction of Gold Ten futures aims to provide a convenient and cost-effective option for investors and traders looking to hedge their positions in the bullion market, analysts said. Here are key details of the Gold Ten futures contracts: Gold Ten Futures Contract Specifications Symbol: GOLDTEN Trading Unit: 10 grams Maximum Order Size: 10 kg Tick Size: ₹1 per 10 grams Daily Price Limits: 3% initially, extendable to 6% and further to 9% in case of high volatility Margins Requirements: Minimum initial margin of 6%, with an extreme loss margin of 1% Trading Period: Monday to Friday, 9:00 a.m. to 11:30/11:55 p.m.. The launch of Gold Ten futures is expected to enhance liquidity in the bullion segment, offering traders a structured and efficient platform to participate in gold price movements.
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