MCX Gold Mini Futures

MCX Gold Mini Futures, traded under the ticker GOLDM, is the smaller denomination version of the standard MCX Gold Futures contract designed to make gold futures trading accessible to retail investors. The contract size is 100 grams of 24 karat gold of 995 purity, making the margin requirement approximately one tenth of the standard contract. Launched in 2008 to democratise commodity trading in India, MCX Gold Mini has become one of the most popular gold trading instruments among retail commodity traders across India, allowing small investors to participate in gold price movements with relatively small capital.