MCX Broker for physical delivery of GOLD MINI??

#1
Hi...
I am interested in trading on MCX but with the option of physical delivery as a seller. I found out that many brokers don't keep this option and compulsorily square-off the position at the expiry..

Could anyone please suggest any brokers who are involved with physical delivery of gold??
 
#4
I believe that gold contracts ( full sized not minis) are for 1 Kg.( 100 rs per tick)
Gold Minis are for 100 gm ( 10Rs per tick).
You really should go to the MCX site and read through the contract specifications. This would give you location, quality details, payment schedules etc.
 
#5
Hi..Yes, that's true..GOLD MINI can be delivered in lots of 100gm..Thanks!
I have gone through the entire contract and terms of delivery on MCX Website..

The only issue now is to find a broker who will do all the procedure..
Riddhi Siddhi Bullion mentioned above deal with spot delivery if purchased, not on open positions of futures....
 

brokenbull

Well-Known Member
#7
iam intersted in silvermicro MCX contract deliverable 1 kg bars.
but only "self trading" bullion big merchants in mumbai.delhi ,ahmedabad give ^ take delivery.
no online brokers dealing with us peasents offer delivery.
 

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