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MCX to launch bullion index options amid high volatility

R Amin4 weeks ago02 mins mins

MUMBAI: Close on the heels of one of the most frenzied buying phases in gold and silver that the country has ever seen, Multi Commodity Exchange (MCX) is launching options contracts on its bullion index that’s based on prices of gold and silver futures contracts. MCX, the biggest exchange in India for trading in derivative…

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Forex watch: India’s reserves jump $5.54 bn; gold vaults total kitty to $692.57 bn

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  • Forex watch: India’s reserves jump $5.54 bn; gold vaults total kitty to $692.57 bn
  • Rupee hits all-time low: Currency breaches 89/$ mark for first time; steepest drop in over 3 months
  • Digital mobility boost: Navi UPI links with ONDC to enable metro QR ticketing; service live in major cities, more to follow
  • Trump sanctions take effect today: Will India stop buying Russian crude oil? Yes — and no.
  • Japan stimulus push: Cabinet approves $135.4 billion package – here’s what it includes
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