The Multi Commodity Exchange Clearing Corporation Limited (MCX) on March 25, 2025, notified regarding the Delivery & Settlement Procedure for GOLD TEN Contract.
The following has been stated namely: -
• It provides the delivery and settlement procedures for the GOLD TEN (10 grams) futures contract, effective from April 2025.
• Key aspects include a compulsory delivery mechanism, a staggered delivery tender period during the last five trading days of the contract, specific margin requirements during this period, and defined procedures for submission and dissemination of delivery intentions.
• Additionally, the circular outlines delivery pay-in and pay-out timelines, packaging standards, and penal provisions for defaults.
Detailed notification is attached below.
[Notification no. - MCX/MCXCCL/148/2025]
