Bsc monthly magazine The Union Finance Minister ArunJaitley on 17 Oct launched gold options trading on the leading commodity bourse MCX and said this was one of the steps towards
formalising trade in the yellow metal. bsc publicationOptions are derivatives which give a buyer the right but not the obligation to buy or sell an underlying asset or instrument
at a specific price on or before a certain
date. MCX is the leading commodity
bourse in the country with a market
share of over 90 per cent.bsc magazine-buys-now It has a large presence in gold,
base metals, and energy
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