NCDEX to increase its gold portfolio has launched the gold mini futures contact.
Offering Agri commodities futures trading, the country’s largest commodity exchange NCDEX is now increasing focused on gold. After the great response to Gold hedge futures market, NCDEX has now launched its mini futures.
Lot size of 100 grams of gold hedge now available for trading on NCDEX. Beginning last week, gold hedge futures lot size is 1 kg. Gold futures hedge bucks yet the average daily turnover of Rs 100 crore is.
Gold Hedge contract obtained a volume of 1,300 kg worth Rs 322.3 million rupees in the first two trading days (January 16-17), said that the Managing Director and CEO Samir Shah NCDEX Exchange on yesterday.