يحاول ذهب - حر

In a first, MCX steals a march over NSE on silver, gold rally

January 03, 2026

|

Mint Mumbai

Transient surge? Analysts believe that the bullion turnover could moderate, in line with returns, from the highs seen in 2025.

- Ram Sahgal & Apoorva Ajith

The rally in silver, and to a lesser extent gold, has, for the first time, pushed the average daily turnover (ADT) of futures contracts on Multi Commodity Exchange of India Ltd (MCX) above the average daily stock futures turnover of the National Stock Exchange of India Ltd (NSE), the country’s largest stock exchange, on a monthly basis.

Analysts, however, believe the bullion turnover could moderate, in line with returns, from the highs seen in 2025. Turnover rises due to changes in prices and higher volatility of the contracts traded.

As silver and gold surged by 31% and 8% each in December, the ADT of MCX futures contracts surged to ₹93,929 crore. This surpassed NSE stock futures contracts’ ADT of ₹72,515 crore, showed data from MCX and NSE.

Interestingly, silver outshone gold at ₹41,370 crore ADT, contributing 44% to the overall MCX ADT, while gold at ₹32,426 crore accounted for 35% of the overall ADT.

المزيد من القصص من Mint Mumbai

Mint Mumbai

Airfares hit four-year low on weak traffic; IndiGo crisis dulls demand

India's average domestic airfares hit a four-year low in the December quarter, an unusual outcome for a seasonally strong period, as traffic slowed through 2025 and demand weakened on non-metro routes.

time to read

2 mins

January 10, 2026

Mint Mumbai

Jaipur's many sweet takes

A winter food walk through the bylanes of Pink City reveals rituals and craftsmanship

time to read

2 mins

January 10, 2026

Mint Mumbai

Mint Mumbai

Better than the real thing

STREAM OF STORIES

time to read

3 mins

January 10, 2026

Mint Mumbai

Mint Mumbai

XAI under fire for sexualized child photos on Grok

Elon Musk has repeatedly expanded the boundaries of permitted speech on his social-media platform X.

time to read

4 mins

January 10, 2026

Mint Mumbai

Mint Mumbai

Federal Bank unveils Fortuna Wave to appeal to all young, mobile-first clients

Federal Bank's new brand identity, anchored by a refreshed logo called Fortuna Wave, comes at a moment when legacy banks are being forced to rethink how they appear, speak and scale—not because the old has failed, but because the audience has shifted.

time to read

3 mins

January 10, 2026

Mint Mumbai

Dec gold ETFs log record ₹11,647 cr

India’s equity investors are flocking to gold exchange- traded funds as a hedge against stock market volatility amid global headwinds.

time to read

1 min

January 10, 2026

Mint Mumbai

Mint Mumbai

Blackstone checks into Taj Aravali, buys 50% for $110 mn

The asset manager eyes further expansion with significant stake in Bengaluru’s Ritz-Carlton

time to read

2 mins

January 10, 2026

Mint Mumbai

Mint Mumbai

Jewellery in India isn't just about the flex

A new book, 'Silver & Gold', is a reminder that jewellery has links to faith and culture in India

time to read

3 mins

January 10, 2026

Mint Mumbai

US trade fears rattle markets; Nifty below 26,000

Domestic equities were shaken by the ‘Trump factor’ throughout the week, leaving India the worst-performing major market globally as risk-off sentiment gripped investors.

time to read

1 mins

January 10, 2026

Mint Mumbai

December inflation likely up at 1.6%: Poll

India’s retail inflation has likely inched up to 1.6% in December from 0.7% in November, driven by shallower deflation in food items and the fading impact of a favourable base effect, according to a Mint poll of 5 economists.

time to read

1 min

January 10, 2026

Listen

Translate

Share

-
+

Change font size