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MCX the first bourse to offer one gram gold futures with delivery option

With this, retail investors can now buy coins in the futures market and store it in a vault of his choice before taking delivery

Topics
MCX | Multi Commodity Exchange | Gold futures

Rajesh Bhayani  |  Mumbai 

gold

The Multi Commodities Exchange (MCX), the market leader in non-agricultural derivatives, has launched a contract with delivery-based settlement and a one-gram trade lot. This means retail investors have another way to buy a gram of gold, stored in vault facilities of one's choice.

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First Published: Tue, October 22 2019. 13:04 IST
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