MCX Extend Trading Hours

Multi Commodity Exchange (MCX) INDIA

Multi Commodity Exchange of India Ltd (MCX) (BSE: 534091) is an independent commodity exchange based in India. It was established in 2003 and is based in Mumbai. It is India’s largest commodity derivatives exchange where the clearance and settlements of the exchange happens and the turnover of the exchange for quarter ended December 2017 was 12.82 trillion rupees. MCX offers options trading in gold and futures trading in non-ferrous metals, bullion, energy, and a number of agricultural commodities (mentha oil, cardamom, crude palm oil, cotton and others).

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Gold Up But on Path for Longest Monthly Losing Streak in Two Decades - GSR

MCX Sees Record Turnover, Volumes in Gold Options

Gold Silver Reports (GSR) – MCX Sees Record Turnover, Volumes in Gold Options — Multi Commodity Exchange of India Ltd (MCX) witnessed a record turnover and volume of Rs 2,021 crore and 6443 kilograms (kg) respectively on Tuesday in gold options contract, according to a release issued by the exchange. 

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U.S. Stocks Decline on Tech Woes, Treasuries Slide

Gold Silver Reports (GSR) – U.S. Stocks Decline on Tech Woes, Treasuries Slide – The S&P 500 Index dropped the most in nearly two weeks as tech shares slumped after Taiwan Semiconductor’s disappointing forecast roiled chip-maker stocks. China’s request for concessions from Qualcomm Inc. to acquire NXP Semiconductors NV ratcheted up tensions over trade. Earnings misses from Procter & Gamble Co. and Philip Morris International Inc. weighed on consumer staples.                 

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Trump Trade Fears Take Gold and Palladium Futures on a Wild Ride

Gold Silver Reports (GSR) – Trump Trade Fears Take Gold and Palladium Futures on a Wild Ride – Measures of 60-day historical volatility for gold and palladium futures climbed to the highest in about a year. Volatility in silver also increased. Prices were whipsawed last week as Trump administration officials tried to calm markets, while their boss warned of short-lived “pain” from a trade stand-off with China. In Russia, the largest palladium producer, dozens of companies and key allies of President Vladimir Putin are facing a new wave of U.S. sanctions.

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Nickel Drops the Most in Two Months

Gold Silver Reports – Nickel Drops the Most in Two Months – Nickel plunged by the most in two months in London as unexpectedly strong US jobs data triggered a spike in the dollar and a selloff across base and precious metal markets.

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