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MCX Resumes Trading at 1:25 PM After Major Tech Glitch Halts Market for 4 Hours

MCX (Multi Commodity Exchange) has announced that normal trading will restart at 1:25 PM after a technical issue disrupted operations for more than four hours. The unexpected outage had traders and investors on edge as commodity trading came to a standstill earlier today. Normal activity is now expected to resume smoothly.

Commodity exchange MCX on October 28 said normal trading on its platform will start at 1:25 pm after technical issue halted trading on the platform for over four hours. This is the longest-ever trading halt on MCX platform.

It said special session will start at 1:20-1:24 pm.

Trading will start from Disaster Recovery (DR) platform, MCX said earlier.

“The commencement of trading is delayed due to a technical issue. Trading will start from DR site. The time of commencement of trading will be informed to market participants. Inconvenience is regretted,” MCX said earlier on its website at 12:35 pm.

Trading on the commodities exchange has been delayed since 9:30 am due to a technical issue. This is the second time this year that India’s biggest commodity exchange has faced such an issue.

At 1:30 pm on October 28, MCX shares were trading 1% lower at Rs 9,213 apiece.

On October 27, MCX launched monthly options contracts on the MCX iCOMDEX Bullion Index. The options contracts on this index will empower market participants with a versatile risk management tool, combining the benefits of diversified underlying assets with the flexibility of options trading, the company said in an exchange filing.

MCX BULLDEX is a dynamic and robust representation of the precious metals segment, constituted of the highly popular and liquid MCX gold and silver futures contracts, the company said.

“MCX BULLDEX, covering both Gold and Silver, offers a balanced exposure in the bullion segment to market participants – both investors and institutions alike, in a convenient and cost-effective manner that would meet both their investment and hedging requirements. Options on MCX BULLDEX aligns with MCX’s commitment to deepen India’s commodity markets through product innovation, enhanced transparency, and investor-friendly offerings,” said the company.

Ahead of October 28 delay, precious metals had already been under pressure. On October 27, December gold and silver futures closed sharply lower.

The weakness came after signs of easing trade tensions between the US and China, which dented safe-haven demand for bullion following which gold fell below the psychologically important mark of $4,000/oz.

An expected meeting between the two nations’ presidents to finalise a trade deal further cooled investor appetite for gold and silver.

However, global gold prices recovered slightly on early October 28, 2025 supported by a weaker dollar and expectations of more US Federal Reserve rate cuts.

MCX is primarily a venue to trade gold, silver, crude oil and base metal futures contract in India.

FAQs on MCX Trading Halt and Resumption

1. Why was MCX trading halted today?

Trading on MCX was halted due to a technical issue in the exchange’s trading system, which affected order placement and execution.

2. When did MCX resume trading?

After resolving the technical glitch, MCX resumed normal trading at 1:25 PM today (28-Oct-2025).

3. Were all commodities affected by the halt?

Yes, all commodity contracts listed on the exchange were temporarily affected due to the system-wide technical disruption.

4. How often does such a trading halt happen on MCX?

Technical halts are rare on MCX, as the exchange maintains high system reliability. However, unexpected software or server issues can occasionally cause interruptions.

5. Will this disruption impact today’s settlement or positions?

MCX has stated that settlements and open positions will not be affected, and all trades will continue as per the normal schedule once trading resumes.

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