Bullion: Unparalleled Richness

Owing to their scarce availability in nature, most of the metals that have been categorised as “precious metals” (they are quite few) have been historically considered as a form of currency. However, today they are regarded mainly as investment and industrial commodities. Nevertheless gold, silver, platinum and palladium still possess an ISO 4217 currency code, which indicates that they are not just commodities but de facto money. According to estimates, the gold acquired over the years in India is around 20,000 tonnes, the largest holdings by any country. Owing to limited bullion supplies, the demand has been largely met through imports.

Apart from the common man, central banks also have been holding gold reserves as a store of value right from the days of Gold Standard and Bretton Woods Standard. In 2009, the Government of India purchased 200 tonnes of gold from the International Monetary Fund (IMF) at $6.7 billion. This purchase propelled India to the tenth position among top gold reserves holding nations.

‘Gold has worked down from Alexander's time ... When something holds good for two thousand years, I do not believe it can be so because of prejudice or mistaken theory’ - Baruch

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Gold is the oldest precious metal known to man and for thousands of years it has been valued as a global currency, a commodity, an investment and simply an object of beauty.

Gold has below products :


Gold Mini

Gold Guinea

Gold Petal


The main source of silver is lead ore, although it can also be found associated with copper, zinc and gold and produced as a by-product of base metal mining activities.

Silver has below products :


Silver Mini

Silver Micro

Silver 1000

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MCX is useful to all bullion importers and jewellers in hedging their price risk volatility.
Mayank Khemka - Khemka Group of Companies
MCX provides a good platform for hedging , ample liquidity , real time price discovery , benchmark for physical markets in India.
Satish Bansal - MD overseas
Hedging on commodity derivatives traded on national commodity exchanges like MCX has provided us an efficient price risk management / hedging mechanism as for various bullion players. MCX has provided an efficient price risk management platform against price volatility and bring stability in the worksheets of market participants like us.
Vasu Acharya - Parker Bullion Pvt Ltd
Price discovery ; enables a bullion trader to hedge bullion imports right from 100 grams to 50 Kgs ; enables to hedge the movement in customs duty.
Kishore Zaveri /Yash Zaveri - Zaveri and Company