Now Live : MCX Gold Ten Futures Trading on Dhan

Market Announcements 📢
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Hello Traders

The Multi Commodity Exchange (MCX) has announced the launch of Gold Ten (10 gram) Futures Contracts, effective from Tuesday, April 1, 2025. This new offering allows market participants to trade in a smaller denomination of gold, making it ideal for retail commodity traders and those looking for more precise hedging options.

The Gold Ten contract is for 10 grams of gold with 999 purity and is deliverable through MCX-accredited vaults located in Ahmedabad, Mumbai, and New Delhi. These will be available for trading in April, May, and June 2025, with trading sessions from Monday to Friday between 9:00 a.m. and 11:30/11:55 p.m., depending on the US daylight saving schedule.

Here is the detailed contract specifications :

Link for the details. Will you be trading these new Gold derivatives? Share your thoughts in the thread below.

Regards
Naman Sharma

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can you please example of gold mini future order example

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Hi @Diptimayee_nayak, To clarify:

  • Gold Mini Futures (GOLDM) contracts have a lot size of 100 grams.
  • Gold Ten Futures (GOLDTEN) contracts have a lot size of 10 grams.

Regarding margin requirements:

  • For GOLDM, the margin requirement is around ₹85,000.
  • For GOLDTEN, you can place an order with a margin of approximately ₹8,000.

You can easily find and track these contracts under your watchlist by searching for:

  • GOLDTEN APR FUT (for Gold Ten Futures)
  • GOLDM MAY FUT (for Gold Mini Futures)

Hope this helps.

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tsl.order_placement(“GOLDM”, ‘MCX’, 1, 0, 0, ‘MARKET’, ‘BUY’, ‘FUT’) is this right format , could you please correct it