MCX Hits Gold with Bullion Index Options: Trading Starts October 27

The Multi Commodity Exchange of India (MCX) has introduced options on MCX BULLDEX, a composite bullion index that tracks the performance of gold and silver futures prices. The new product went live from October 27, 2025, expanding the exchange’s suite of risk management and investment instruments.

The move aims to deepen India’s commodity derivatives market by enabling more efficient portfolio hedging, particularly for bullion traders, jewellers, and institutional investors.

Major Takeaways:

MCX BULLDEX Composition: The index reflects weighted price movements of gold and silver futures traded on MCX.

Contract Structure: Options are available on weekly and monthly expiries, providing flexibility for traders.

Market Impact: Expected to increase liquidity and hedging efficiency in the bullion segment.

Regulatory Approval: The product launch follows SEBI’s clearance for index options on commodity derivatives.

The new bullion index option further solidifies MCX’s role as India’s leading commodity derivatives marketplace.

Sources: Multi Commodity Exchange (MCX) press release, SEBI circulars, NSE data feeds.