MCX will be officially launching the Gold Mini Options from Friday, the 10 July. MCX has already received approval of SEBI for launch of Gold Mini options with Gold Mini 100 grams bar as underlying. This will allow even smaller investors to hedge their gold risk as also take a derivative view and position on gold as a commodity via the futures route.

To begin with, the Gold Mini Option August 2020, September 2020 and October 2020 contracts will be available for trading with effect from July 10. The maximum single order size will be limited to 100 lots to begin with. MCX has been at the forefront of launching options directly on commodities, which was recently permitted by SEBI.