MCX Certified Commodity Professional (MCCP) Articles

Is import duty hike curb the gold demand? Government raised the import duty on gold by 2 percent to 6 percent; this is the second hike in one year.On the very next day government increased the import duty on gold dore bars to 5% from 2%.

Counterview-People's Love for Gold There is no doubt about continuing obsession of Indian people for yellow metal and because of that only, the country has remained the largest consumer as well as the largest importer of the gold for many years.

Commodity Derivatives in India The Commodity Futures Market in India dates back to more than a century. The first organized futures market was established in 1875, under the name and style of 'Bombay Cotton Trade Association' to trade in cotton contracts.