New Way To Invest In Gold: NSE Launches 10-Gram Gold Futures Contract From Today, March 16

New Way To Invest In Gold: NSE Launches 10-Gram Gold Futures Contract From Today, March 16

New Way To Invest In Gold: NSE Launches 10-Gram Gold Futures Contract From Today, March 16

Share This News

The new trading option is expected to make gold investment easier for small investors.

The National Stock Exchange (NSE) has announced the launch of a 10-gram gold futures contract in the commodity derivatives segment, which will be available for trading from March 16, 2026.

The exchange has already received the necessary approval from the Securities and Exchange Board of India (SEBI) for introducing this new product.

The initiative is expected to provide small investors an easier way to participate in gold trading, allowing them to invest in smaller quantities rather than large contracts.

IMG-20251219-WA0036

What Is A Gold Futures Contract

A gold futures contract is a financial agreement in which a buyer and seller agree to buy or sell a fixed quantity of gold at a predetermined price on a future date.

This system allows investors and traders to lock the price of gold in advance, helping them reduce the risk of sudden price increases.

Key Features Of The New Contract

Under the new scheme, both the trading unit and delivery unit will be 10 grams of gold, and the contract will be traded with the symbol GOLD10G.

The price will be quoted per 10 grams of gold, with a minimum price movement of ₹1 per 10 grams.

Trading will take place from Monday to Friday between 9:00 am and 11:30 pm or 11:55 pm, depending on the US daylight saving schedule.

Price Movement Limits

NSE has set a daily base price limit of 6 percent for the contract. If the price crosses this limit, it can be extended to 9 percent after a 15-minute cooling-off period.

These contracts will operate as monthly futures, and the last trading day will be the final calendar day of the expiry month. If that day is a holiday, the previous working day will become the last trading day.

Delivery Rules

The contract will follow compulsory delivery rules, meaning the seller must deliver 10 grams of gold with 999 purity.

The gold must be serially numbered and supplied by LBMA-approved suppliers or other NSE-approved sources, along with a quality certificate.

The delivery process will be handled through a designated clearing house facility in Ahmedabad.

Market experts believe the move will help broaden participation in the gold market by enabling investors to trade smaller gold units with greater flexibility.

IMG-20250820-WA0009