MCX GOLD TIPS MCX Gold Gold is one of oldest precious metal since illumination of civilisation. At the end of stone age after discovery or metals, Gold was treated like currency in barter system. In modern era countries have their gold reservoirs. India was once rgest holder of gold but years after years, attack after attack and after british rule India lost its top position. Still india is among top 10 reservoir of world gold rates are current gold price in india. There are different prices for MCX based on metal purity.
MCX Future Gold Due to uncertanity in gold prices If you want to buy gold in future(Lets say 3 months) you can buy future contract directly from MCX. MCX Gold can be delivered in physical and in electronic form. All physical deliveries are done after 1-6 days of contact expiry. There are different warehouses for physical gold bricks TJ Brodie Jersey , bars and coins. All MCX gold bars are LME certified.