What is MCX (Multi Commodity Exchange)?
The Multi Commodity Exchange of India Ltd. (MCX) is a government-regulated commodity derivatives exchange, launched in 2003. It is regulated by SEBI (Securities and Exchange Board of India) and allows traders to buy and sell commodity futures contracts across various categories like:
Bullion: Gold, Silver
Energy: Crude oil, Natural gas
Base Metals: Copper, Zinc, Lead, Aluminum, Nickel
Agricultural commodities: Cotton, Cardamom, Mentha Oil
MCX operates similarly to stock exchanges like NSE or BSE but deals in commodity contracts rather than equities.
Factors That Influence Gold & Silver Prices
Understanding price drivers helps traders anticipate market movement:
🏦 1. Global Economic Conditions
Inflation
Recession fears
GDP data
🪙 2. Currency Movements
Gold is priced in USD globally. The USD-INR exchange rate significantly impacts domestic prices.
📉 3. Interest Rates
Rising interest rates make non-yielding assets like gold less attractive, pushing prices lower, and vice versa.
💥 4. Geopolitical Tensions
War, political instability, or crisis (Middle East conflict, Ukraine war, etc.) often boost gold/silver prices.
🛢️ 5. Crude Oil Prices
High oil prices can lead to inflation, making gold more attractive as a hedge.
💼 6. Central Bank Policies
Actions by RBI or Federal Reserve (US) in terms of gold reserves, rate hikes, or monetary policy changes affect sentiment.
The Multi Commodity Exchange of India Ltd. (MCX) is a government-regulated commodity derivatives exchange, launched in 2003. It is regulated by SEBI (Securities and Exchange Board of India) and allows traders to buy and sell commodity futures contracts across various categories like:
Bullion: Gold, Silver
Energy: Crude oil, Natural gas
Base Metals: Copper, Zinc, Lead, Aluminum, Nickel
Agricultural commodities: Cotton, Cardamom, Mentha Oil
MCX operates similarly to stock exchanges like NSE or BSE but deals in commodity contracts rather than equities.
Factors That Influence Gold & Silver Prices
Understanding price drivers helps traders anticipate market movement:
🏦 1. Global Economic Conditions
Inflation
Recession fears
GDP data
🪙 2. Currency Movements
Gold is priced in USD globally. The USD-INR exchange rate significantly impacts domestic prices.
📉 3. Interest Rates
Rising interest rates make non-yielding assets like gold less attractive, pushing prices lower, and vice versa.
💥 4. Geopolitical Tensions
War, political instability, or crisis (Middle East conflict, Ukraine war, etc.) often boost gold/silver prices.
🛢️ 5. Crude Oil Prices
High oil prices can lead to inflation, making gold more attractive as a hedge.
💼 6. Central Bank Policies
Actions by RBI or Federal Reserve (US) in terms of gold reserves, rate hikes, or monetary policy changes affect sentiment.
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WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.