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Gold futures
Exchange National Commodity & Derivatives Exchange
Settlement Physically delivered
Contract Size 1 kilogram
Pricing Unit Need pricing unit!
Tick Value 1 Rupee
Contract Months All months
Last Trading Day 20th day of the delivery month. If 20th happens to be a holiday, a Saturday or a Sunday then the due date shall be the immediately preceding trading day of the Exchange, which is other than a Saturday.

The settlement of contract would be by a staggered system of 5 Pay-ins and Pay-outs including the 5th Pay-in and Pay-out which would be the Final Settlement of the contract.

Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Mondays through Fridays: 10:00 AM to 11:55 PM

Saturdays: 10:00 AM to 02:00 PM

Ticker Symbol N/A GLDPURMUMK
Price Limits N/A Daily price fluctuation limit is (+/-) 4%. If the trade hits the prescribed daily price limit there will be a cooling off period for 15 minutes. Trade will be allowed during this cooling off period within the price band. Thereafter the price band would be raised by another 50% of the existing limit i.e. (+/-) 2% and trade will be resumed.

If the price hits the revised price band (6%) again during the day, trade will only be allowed within the revised price band. No trade /order shall be permitted during the day beyond the revised limit of (+/-) 6% except such further variations as may be permitted by the regulators.



NCDEX Gold Contract Specifications