The Multi Commodity Exchange of India (MCX) is India's largest commodity derivatives exchange. It provides a platform for trading futures and options contracts in various commodities, including precious metals, base metals, energy, and agricultural products.

Hedging is a strategy used to reduce the risk of price fluctuations. Traders use commodity futures contracts to protect themselves from potential losses.

Speculation involves taking positions in a commodity market to profit from price movements.

MCX Commodity Market Update: Live Prices for Gold, Crude, Aluminum, and More

Q: What are commodity derivatives?

Commodity derivatives are financial contracts whose value is based on an underlying commodity, such as gold, crude oil, or wheat. These contracts are used for hedging price risks and speculation.

Q: How do I trade on MCX?

To trade on MCX, you need to open a trading account with a SEBI-registered broker who is a member of MCX.

Q: What are the trading hours of MCX?

MCX trading hours vary depending on the commodity. Typically, the trading session is from 9:00 AM to 11:30 PM, but it’s best to check the official MCX website for specific timings.

Q: Where can I find live MCX prices?

Live MCX prices can be found on the official MCX website, financial news websites, and trading platforms.

Q: What is the difference between spot price and futures price?

Spot price is the current market price of a commodity for immediate delivery, while futures price is the agreed-upon price for the future delivery of the commodity.

Q: What types of commodities are traded on MCX?

MCX offers a diverse range of commodities for trading, including Precious Metals (Gold, Silver), Base Metals (Copper, Aluminum, Zinc, Lead, Nickel), Energy (Crude Oil, Natural Gas), and Agricultural Commodities (Cotton, Mentha Oil, Cardamom, etc.).

Q: How are MCX prices determined?

MCX prices are determined by supply and demand forces in the market, where buyers and sellers interact on the exchange to set the price.

Stay ahead of the curve in India's dynamic commodity market. This update provides a snapshot of live MCX (Multi Commodity Exchange of India) prices for key commodities, empowering you with the information you need to make informed decisions.

Bullion

Product	Expiry	Last Updated	Buy Price
GOLDM (MCX) 05 Mar 2025	₹83,855.00	₹-121.00	-0.14%
GOLD (MCX) 04 Apr 2025	₹84,450.00	₹-117.00	-0.14%
SILVER (MCX) 05 Mar 2025	₹95,607.00	₹-358.00	-0.37%
GOLDPETAL (MCX) 28 Feb 2025	₹8,338.00	₹-20.00	-0.24%
SILVERM (MCX) 28 Feb 2025	₹95,370.00	₹-354.00	-0.37%

Energy

Product	Expiry	Last Updated	Buy Price
NATGASMINI (MCX) 26 Mar 2025	₹376.10	₹-13.80	-3.54%
CRUDEOIL (MCX) 19 Mar 2025	₹6,203.00	₹-24.00	-0.39%
CRUDEOILM (MCX) 19 Mar 2025	₹6,210.00	₹-25.00	-0.40%
NATURALGAS (MCX) 26 Mar 2025	₹295.70	₹8.70	3.03%

Metals

Product	Expiry	Last Updated	Buy Price
ALUMINIUM (MCX) 28 Feb 2025	₹256.15	₹1.20	0.47%
ALUMINI (MCX) 28 Feb 2025	₹255.95	₹0.85	0.33%
COPPER (MCX) 28 Feb 2025	₹854.80	₹3.85	0.45%
ZINC (MCX) 28 Feb 2025	₹269.60	₹2.30	0.86%
LEAD (MCX) 30 Apr 2025	₹185.70	₹1.25	0.68%

Factors Affecting Commodity Prices:

Several factors can influence commodity prices, including:

Global economic conditions: Economic growth or recession can impact demand for commodities.
Geopolitical events: Political instability or conflicts can create supply disruptions and price volatility.
Supply and demand dynamics: Changes in production, consumption, and inventory levels can affect prices.
Currency fluctuations: The value of the Indian rupee against the US dollar can impact commodity prices.
Government policies and regulations: Trade policies, tariffs, and environmental regulations can influence commodity markets.

Why is this information important?

Commodity prices are influenced by a complex interplay of global and domestic factors. Staying updated on live MCX prices allows you to:

Identify trends: Recognize emerging patterns and potential opportunities in the market.
Make informed decisions: Whether you're a trader, investor, or business professional, real-time data is crucial for strategic planning.
Manage risk: Understand price volatility and implement effective risk management strategies.

Stay Updated:

To get the most up-to-date information on MCX commodity prices, you can:

Visit the MCX website: The official MCX website provides real-time price updates and market information.
Follow financial news websites: Reputable financial news sources provide regular updates on commodity markets.
Use trading platforms: Many online trading platforms offer live price feeds and charting tools for MCX commodities.

FAQs on MCX Commodity Market Update

What is MCX?

What are commodity derivatives?

How do I trade on MCX?

What are the trading hours of MCX?

Where can I find live MCX prices?

What is the difference between spot price and futures price?

What types of commodities are traded on MCX?

How are MCX prices determined?

What is hedging?

What is speculation?

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Please do your own research and consult with a financial professional before making any investment decisions.