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MCX faced another technical glitch on October 28, 2025, delaying gold and silver futures trading multiple times and shifting operations to a recovery site. This disruption, the second in recent months, underscores infrastructure challenges amid declining precious metals demand due to eased global trade tensions.
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The Multi Commodity Exchange (MCX), India’s leading commodity derivatives platform, faced a technical glitch that caused a delay in trading operations for gold and silver futures on October 28, 2025. The issue disrupted market activity, pushing the trading start time multiple times before shifting operations to the Disaster Recovery (DR) site.
Key Highlights
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Trading, originally scheduled for 9 AM, was progressively postponed to 9:30 AM, then 10 AM, and later had an indefinite delay due to the technical malfunction.
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MCX communicated updates regularly, indicating the glitch was under resolution and trading would resume from the DR site, but no definite restart time was provided initially.
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This marks the second significant technical disruption faced by MCX within four months, raising concerns around platform reliability.
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The glitch impacted precious metals trading, with gold and silver futures prices declining amid delayed market operations and global easing of US-China trade tensions reducing safe-haven demand.
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MCX had transitioned to a new trading platform developed by Tata Consultancy Services (TCS), with past issues including a four-hour suspension in February 2024.
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Market participants and regulators watch closely as potential recapitalization safeguards and operational upgrades become necessary to restore confidence.
MCX’s recurring technical challenges highlight the critical importance of robust and resilient infrastructure for the smooth functioning of India’s commodity markets.
Sources: India Today, Economic Times, The Hindu Business Line
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