MCX Gold Mini

Factors Influencing/Impacting the MCX Gold Mini

• Above ground supply of gold from central bank's sale, reclaimed scrap, and official gold loans.
• Hedging interest of producers/miners.
• World macroeconomic factors such as the US Dollar and interest rate, and economic events.
• Commodity-specific events such as the construction of new production facilities or processes, unexpected 
  mine or plant closures, or industry restructuring, all affect metal prices.
•  In India, gold demand is also determined to a large extent by its price level and volatility.

Trading Symbol                       :  GOLDM

Contract Basis                         : Monthly(All Month Contracts Available)

No of Contracts of a year        :12

Contract Duration                    :3 Months

Price Quotation(Quoted Price)  : 10 gms

Lot size                                    : 10

Margin Percentage                    :4% of lot value(Generally)

Margin/Investment Required to
Trade Brent Crude Oil               : Approx.Rs.15,000-25,000(Subject to change as per MCX Exchange)

Tick Size                                  : Rs.1

Tick Value                                : Rs.10 Per Tick

Value for One Point/Price
Variation(Up/Down)                  : Rs.10

Trading period                         : Monday through Saturday

Trading session/Timings             : Monday to Friday: 10.00 a.m. to 11.30 p.m.
                                                    Saturday: 10.00 a.m. to 2.00 p.m.