Gold is struggling to get fresh buyers that would take it decisively above the psychological level of $1,200. The yellow metal tumbled last week and made a low of $1,181 per ounce. However, it managed to bounce from those levels, recovering some of the loss, and closed at $1,191 per ounce, down 0.7 per cent for the week.
Multi Commodity Exchange
Multi Commodity Exchange
India Allows MCX to Start Trading First Options Contract in Gold [2017]
Gold Silver Reports — The MCX (Multi Commodity Exchange of India Ltd). said it will start the country’s first gold options contract, about a year after the market regulator permitted options trading in commodities.