Page 9 - Mcx

Gold prices at Rs 49,950 per 10 gm, silver rises to Rs 58,950 a kg

In New Delhi, the price of 22-carat gold rose to Rs 48,750 per 10 gram, and in Chennai to Rs 47,850

Rakesh Jhunjhunwala's portfolio outperforms; net worth over Rs 10,000 crore

His stake in Tata Group-owned watch and jewellery maker - Titan Company - and tractor-maker Escorts remained unchanged.

Gold price drops to Rs 49,050 per 10 gm; silver peaks to Rs 53,150 a kg

In New Delhi, the price of 22-carat gold rises to Rs 47,850 per 10 gram, and in Chennai to Rs 46,950

After April fiasco, MCX to allow negative price trading from July 27

The issue became sensitive after crude futures settled in the negative on April 20, causing huge losses to traders

Gold price falls to Rs 48,900 per 10 gm, silver at Rs 53,810 a kg

In New Delhi, the price of 22-carat gold rose to Rs 47,700 per 10 gram, and in Chennai to Rs 46,850

With Silver rising faster than gold, here're four ways to invest and why

Buying physical is the easiest way or use global route to invest in ETFs

Gold price today at Rs 49,150 per 10 gm, silver climbs to Rs 53,000 a kg

In New Delhi, the price of 22-carat gold rose to Rs 47,950 per 10 gram, and in Chennai to Rs 47,130

MCX seeks approval from Sebi to re-launch potato futures contracts

Multi Commodity Exchange (MCX) has said it is seeking approval from market regulator Securities and Exchange Board of India to re-launch potato futures contracts. "There is a need (of hedging) in sensitive commodities like pulses and sugar etc... We may soon be launching potato contracts," said Rishi Nathani, head of business development at MCX, while commenting on industry demand for robust farm futures trade in a webinar on agricultural reforms. The exchange has applied to the Securities and Exchange Board of India (Sebi) for permission to re-launch the potato contracts, he stated. MCX had a successful potato futures contract, few years ago, but it lost liquidity over a period of time due to which Forward Markets Commission, then regulator of the commodity derivatives market, asked MCX to stop trade in the contract in September 2014. In the webinar on agricultural reforms, organised jointly by MCX and Indian Merchants' Chamber (IMC), food business major ITC stressed on necessity

Gold price falls to Rs 48,100 per 10 gm, silver is Rs 49,600 a kg

In New Delhi, the price of 22-carat gold slid to Rs 46,900 per 10 gram, and in Chennai to Rs 46,100

MCX gets Sebi approval, to launch Gold Mini Options from July 10

MCX has received approval of Sebi for launch of Gold Mini options with Gold Mini (100 grams) bar as underlying, MCX said in a statement

Silver futures witness increasing interest on MCX amid Covid-19 crisis

In the April-June quarter, the ADTV value of futures contracts in silver was at Rs 5,850.62 crore, the highest since the introduction of the commodities transactions tax

Safe bet: Five reasons that will lead gold to all-time high price

Indian households supposedly hold 25,000 tonnes of gold valued at Rs.121.5 trillion, or almost 60 per cent of India's GDP.

Industrial commodities recover from recent lows as lockdown eases

Prices surge 3.5-12% from recent lows about a month ago with silver futures topping recovery chart among metals; crude futures for near-month delivery surged by as much as 41.7%

Tepid response to gold options launch on NSE, turnover a mere Rs 12 lakh

A senior NSE official says exchange has approached Sebi to allow liquidity enhancement scheme, or market making, to attract volumes

Negative price trading on MCX: Brokers approach Sebi with alternatives

MCX move follows after it settled April crude oil futures at minus Rs 2884 price even as their software was not permitting negative price trade following close of Nymex crude

MCX enables exchange software to trade negative price or below Re 1

After all trading softwares are approved, mock trading will be done and then trading can happen in negative price

MCX offers chance to exit trading if crude oil price slips into negative

Asking members and clients to be extra cautious while dealing in crude oil, the exchange has said trading will be halted if the trading price falls to Re 1

Crude oil up on demand prospects: steep rise in margins on MCX

Margin now fixed at 100%, with Rs 95,000 per lot as absolute minimum. So if crude falls below Rs 950, the margin will continue to be based on the price of Rs 950

Street signs: Nifty set for consolidation, 'biz as usual' stocks, and more

The benchmark indices ended marginally lower last week after sharp gains in the preceding two weeks

MCX asks software vendor to enable negative price trading after broker ire

Exchange says cannot ascertain the date by which this would be achieved at this point in time