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With the most-traded gold contract at a new high of $77.55 and copper contracts at its all-time peak, the Shanghai Futures Exchange slapped on trading limits.
An individual can buy gold from Bombay Stock Exchange (BSE) and Multi Commodity Exchange (MCX) through their demat account provided Electronic Gold Receipt (EGR) and Commodity segment respectively is activated on the individual's demat account. There is also an option to take physical delivery of gold from both BSE and MCX.
Gold prices on Monday increased by Rs 976 to Rs 60,359 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand.
Gold prices inched up on Wednesday buoyed by a weaker dollar, while investors awaited the minutes of the U.S. Federal Reserve's latest policy meeting that could offer clues on further interest rate hikes. Spot gold was up 0.1% at $1,741.80 per ounce by 0044 GMT. U.S. gold futures edged 0.2% higher to $1,742.70. At 9:59 am, gold contracts were trading 0.17% lower on the Multi-Commodity
On the Multi Commodity Exchange, gold contracts for the April delivery traded higher by Rs 127.